South Korea unveils $13.7b stimulus package to fight coronavirus

Submitted by mmarquez on Tue, 03/17/2020 - 14:11
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straitstimes.com (04.03.2020) Some 2.3 trillion won will be allocated to medical institutions and fund quarantine efforts, with another 3.0 trillion won going to small- to medium-sized businesses struggling to pay wages to their workers, and child care subsidies, the finance ministry said. Loans will be made on relaxed terms to affected exporters while people who have lost their jobs will be re-trained.

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