Global Trade Alert
Global Trade Alert

Republic of Korea: Announcement of comprehensive measures for small business owners and the self-employed, including budget increase of New Start Fund

Announcement

03 Jul 2024

In July 2024, the South Korean government announced "Comprehensive Measures for Small Business Owners and Self-Employed Persons". Among other measures, the government announced it would modify the budget of the New Start Fund (USD 28.8 billion). 

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

03 Jul 2024

Revocation date:

31 Dec 2026

Updated: 03 Jul 2024
Interest payment subsidy In force

On 3 July 2024, the South Korean government released "Comprehensive Measures for Small Business Owners and Self-Employed Persons". Among other measures, the government announced it would extend the...

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