Announcement
03 Mar 2022
On 3 March 2022, the Korean Ministry of SMEs and Startups implemented the KRW 2.2 trillion Compensation for Losses scheme, which supports Korean small and medium-sized businesses that experienced financial losses during the fourth quarter of 2021.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
03 Mar 2022
Revocation date:
28 Mar 2022
Updated: 03 Mar 2022
Financial grant
<p>On 3 March 2022, the Republic of Korea launched the KRW 2.2 trillion (USD 2 billion) Compensation for Losses program, a financial grant scheme that supports Korean small and medium-s...
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