FILE PHOTO: South Korea’s President Moon Jae-in speaks during a ceremony marking the 101st anniversary of the March 1st Independence Movement Day in Seoul, South Korea, March 1, 2020. Kim Min-Hee/Pool via REUTERS/File Photo
April 8, 2020
SEOUL (Reuters) – South Korean President Moon Jae-in said on Wednesday the government will make an additional 36 trillion won ($29.5 billion) worth of cheap loans available for exporters hit by the coronavirus.
Speaking at a policy meeting with economic chiefs, Moon also said fresh measures worth 17.7 trillion won will be rolled out to boost consumption and support domestic demand.
(Reporting by Cynthia Kim; Editing by Raju Gopalakrishnan)