S.Korea's Moon announces US$29.5b in additional cheap loans for exporters | Malay Mail

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SEOUL, April 8 ― South Korean President Moon Jae-in said today the government will make an additional 36 trillion won (RM128 billion) worth of cheap loans available for exporters hit by the coronavirus. Speaking at a policy meeting with economic chiefs, Moon said businesses and domestic demand...

Wednesday, 08 Apr 2020 12:12 PM MYT

SEOUL, April 8 ― South Korean President Moon Jae-in said today the government will make an additional 36 trillion won worth of cheap loans available for exporters hit by the coronavirus. Loan guarantees will be extended for exporters, while debt will be rolled over for small businesses. Fresh measures worth 17.7 trillion won will be rolled out to boost consumption and support domestic demand, he added, without giving details.

 

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