Global Trade Alert
Global Trade Alert

Republic of Korea: Government allocates KRW 2 trillion to SMEs through Compensation for Losses financial grant scheme

Announcement

27 Oct 2021

On 27 October 2021, the Republic of Korea launched a KRW 2 trillion Compensation for Losses financial grant scheme for SMEs as part of the second 2021 supplementary budget.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Oct 2021

Revocation date:

No revocation date

Updated: 27 Oct 2021
Financial grant In force
<p>On 27 October 2021, the Republic of Korea launched the KRW 2 trillion (USD 1.7 billion) Compensation for Losses program, a financial grant scheme that supports Korean small and medium-sized b...
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