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Briefings South Korea expands Iran war-response financing, but delivery pace lagsFinance ministry raises support to 10 trillion won, but 20% execution rate highlights gaps in policy transmission speed South Korea’s Ministry of Economy and Finance said it held a policy finance inspection meeting with the Export-Import Bank of Korea last Friday to review support measures for companies affected by the ongoing war in the Middle East, as authorities move to scale up economic response efforts. The meeting focused on the implementation of a “crisis response special program” aimed at firms facing direct and indirect disruptions, with the government confirming plans to expand the program to about $6.6 billion (10 trillion won) from $4.6 billion (7 trillion won) following a presidential emergency economic meeting last week. As of March © Korea Risk Group. All rights reserved. |





