On the 29th, through the meeting of the Central Countermeasures Headquarters of the Emergency Economy, the government confirmed the size of the “secondary financial support program for small businesses” to 10 trillion won and announced the “Top 10 Regulatory Innovation Measures” to boost the economy.
According to the economic medium version, the interest rate of the second emergency loan product is 3 ~ 4% a year on the basis of the medium-term credit loan, which is higher than the 1.5% ultra-low interest rate for the first aid. It is for the purpose of blocking singer demand. The lending rate of the second financial sector, which can be accessed by small business owners with a credit rating of 7 or lower, is around 20% annually, and the loan rate of 1.5% per year is loaned. Because it ran out too quickly.
Persons who have borrowed from primary aid are not eligible for secondary aid. The loan limit, previously divided from 10 million won to 30 million won per institution, was unified to 10 million won per case. The intention is to benefit more people. The Korea Credit Guarantee Fund guarantees 95% of loans. Loan maturity is two years and three years. There are six commercial banks including Shinhan, Kookmin, Woori, Hana, Enterprise, and Nonghyup. The small and medium-sized business promotion corporation (low credit), corporate bank (medium credit), and commercial bank (high credit) were unified into six commercial banks. As the counter is unified, all procedures such as loan application, filing, and warranty screening are processed in one stop.
Earlier, in March, the government launched the first emergency loan program worth 12 trillion won to support small business owners who were damaged by Corona 19. As of the 24th, a total of 17.90 trillion won (533,000) applications were submitted and 7,600 trillion won (286,000) were executed.
The government has also confirmed the ‘regulatory innovation plan for the top 10 industries.’ The purpose of the Corona19 crisis is to increase investment vitality and maximize the effects of creating new industries and jobs.
The top 10 industries selected for regulatory innovation include: △ Data, Artificial Intelligence (AI) △ Future Cars, Mobility △ Medical New Technology △ Healthcare △ Fintech △ Technology △ Industrial Complex △ Resource Recycling △ Tourism △ E-commerce, Logistics, etc. And 65 detailed assignments.
Minister of Economy and Finance and Finance and Finance Minister Nam Nam-ki Hong said, “We selected projects to introduce innovative medical device priority screening system, expand consumer direct request genetic testing, and rationalize fintech's investment regulations of new technology financial companies.” In addition, remote medical · remote education · For non-face-to-face industries such as online business, we will speed up further regulatory breakthroughs in terms of using the crisis as an opportunity. ”
At the meeting, “Korea New Deal,” emphasized by President Moon Jae-in the previous day, was also discussed.
By Kim Hee-won, reporter email@example.com
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