Announcement
23 Feb 2022
On 23 February 2022, the Korean Ministry of SMEs and Startups implemented the KRW 10 trillion Second Quarantine Subsidy.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
23 Feb 2022
Revocation date:
18 Mar 2022
Announced: 23 Feb 2022
Financial grant
On 23 February 2022, the Korean Ministry for SMEs and Startups started the payment of the KRW 10 trillion (USD 8.3 billion) Second Quarantine Subsidy for small and medium businesses regardless of sect...
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Related State Acts
Announced: 03 Mar 2022
Republic of Korea: Government implements KRW 2.2 trillion Compensation for Losses scheme for the fourth quarter of 2021
Announced: 21 Feb 2022
Republic of Korea: First 2022 supplementary budget worth KRW 16.9 trillion passes at National Assembly
Announced: 27 Dec 2021
Republic of Korea: Government provides more than KRW 5.2 trillion in support for SMEs in first Small Business Quarantine Subsidy scheme
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