Announcement
30 May 2022
In May 2022, the Korean Ministry of Agriculture, Food and Rural Affairs announced a KRW 1.5 trillion production subsidy scheme to support Korean livestock farms faced with surging animal feed prices.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
03 Jun 2022
Revocation date:
31 Dec 2022
Announced: 30 May 2022
State loan
On 30 May 2022, the Korean Ministry of Agriculture, Food and Rural Affairs launched a KRW 1.5 trillion (approx. USD 1.2 billion) subsidy scheme (the "special feed purchase fund") to support Korean liv...
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