Tuesday, March 24, 2020

S.Korea doubles coronavirus rescue package to 100 tln won

The package includes 29.1 trillion won in loans to small- and medium-sized companies, while another 20 trillion won will be used to buy corporate bonds and commercial paper of companies facing a credit crunch, President Moon Jae-in said in an emergency economic policy meeting.

from The Hindu - International https://ift.tt/2Uv4q4h

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