Global Trade Alert
Global Trade Alert

Republic of Korea: Introduction of KRW 300 billion scheme to support SMEs that are faced with high interest rates

Announcement

11 Mar 2024

In March 2024, the South Korean Ministry of SMEs and Startups (MSS) launched a KRW 300 billion interest payment subsidy scheme to support South Korean SMEs that are faced with high interest rates.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

18 Mar 2024

Revocation date:

No revocation date

Interest payment subsidy

On 11 March 2024, the South Korean Ministry of SMEs and Startups (MSS) launched a KRW 300 billion (USD 218.3 million) interest payment subsidy scheme to support South Korean SMEs that are faced with h...

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