Global Trade Alert
Global Trade Alert

Japan: METI announces additional support to companies during the 2020 fiscal year in the context of the COVID-19 pandemic (June 2020)

Announcement

12 Jun 2020

In June 2020, the budget for the 2020 fiscal year of the Ministry of Economy, Trade and Industry was amended for a second time, increasing the budget and introducing new several measures to support the economy in the context of the COVID-19 pandemic.

Source

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Number of interventions

9

9 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Jun 2020

Revocation date:

31 Mar 2021

Updated: 12 Jun 2020
Financial grant
<p>On 12 June 2020, the Ministry of Economy, Trade and Industry (METI) of Japan allocated JPY 2.2 billion (USD 20.6 million)&nbsp;for the subsidy scheme to support the production of&nbsp...
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Updated: 12 Jun 2020
Financial grant
<p>On 12 June 2020, the Ministry of Economy, Trade and Industry (METI) of Japan allocated an additional budget of JPY 100 billion (USD 931.5 million) for the&nbsp;special frame for SMEs unde...
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Updated: 12 Jun 2020
Financial grant
<p>On 12 June&nbsp;2020, the&nbsp;Ministry of Economy, Trade and Industry (METI) of Japan&nbsp;allocated JPY 2 trillion (USD 18.9 billion) for the&nbsp;financial grants scheme to...
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Updated: 12 Jun 2020
Financial grant
<p>On 12 June&nbsp;2020, the&nbsp;Ministry of Economy, Trade and Industry (METI) of Japan&nbsp;allocated an additional budget of JPY 1.9 trillion (USD 18.1 billion) for the "Sus...
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Updated: 12 Jun 2020
Capital injection and equity stakes (including bailouts)
<p>On 12 June&nbsp;2020, the&nbsp;Ministry of Economy, Trade and Industry (METI) of Japan&nbsp;allocated&nbsp;JPY 890.5 billion (USD 8.3 billion) for the "Crisis Response Op...
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Updated: 12 Jun 2020
Interest payment subsidy
<p>On 12 June&nbsp;2020, the&nbsp;Ministry of Economy, Trade and Industry (METI) of Japan&nbsp;allocated&nbsp;JPY 890.5 billion (USD 8.3 billion) for the "Crisis Response Op...
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Updated: 12 Jun 2020
Capital injection and equity stakes (including bailouts)
<p>On 12 June&nbsp;2020, the&nbsp;Ministry of Economy, Trade and Industry (METI) of Japan&nbsp;allocated JPY 1.2 trillion (USD 11.6 billion) in equity support for SMEs in the context...
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Updated: 12 Jun 2020
State loan
<p>On 12 June&nbsp;2020, the&nbsp;Ministry of Economy, Trade and Industry (METI) of Japan&nbsp;allocated an additional budget of JPY 5.6 trillion (USD 51.9 billion) for the subsidise...
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Implementation date

12 Jun 2020

Revocation date:

27 Jan 2021

Updated: 12 Jun 2020
Interest payment subsidy
<p>On 12 June&nbsp;2020, the&nbsp;Ministry of Economy, Trade and Industry (METI) of Japan&nbsp;allocated an additional budget of JPY&nbsp;3.2 trillion (USD 30.2 billion) for the ...
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