Global Trade Alert
Global Trade Alert

Republic of Korea: Ministry for SMEs and Startups invests KRW 2 trillion in loan scheme targeting SMEs

Announcement

29 Nov 2021

In November 2021, the Korean Ministry for SMEs and Startups launched the KRW 2 trillion "Daily Recovery Special Loan" scheme to support SMEs faced with pandemic-related restrictions. 

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Nov 2021

Revocation date:

No revocation date

Announced: 29 Nov 2021
Interest payment subsidy In force
On 29 November 2021, the Korean Ministry of SMEs and Startups launched the KRW 2 trillion (USD 1.68 billion) "Daily Recovery Special Loan" scheme. The scheme supports SMEs experiencing financial losse...
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