On 18 March 2020,President Moon Jae-in of South Korea said the COVID-19 outbreak is s imultaneously impacting supply and demand and causing a multi-crisis for the real economy and finance.In trying to overcome the dow...On 18 March 2020,President Moon Jae-in of South Korea said the COVID-19 outbreak is s imultaneously impacting supply and demand and causing a multi-crisis for the real economy and finance.In trying to overcome the downturn by utilizing both fiscal and monetary policies,the government of South Korea has so far introduced a total of KRW141 trillion(USD115 billion,7.4%of GDP)support measures to mitigate the impact of the COVID-19 including liquidity provisions and credit guarantees.展开更多
文摘On 18 March 2020,President Moon Jae-in of South Korea said the COVID-19 outbreak is s imultaneously impacting supply and demand and causing a multi-crisis for the real economy and finance.In trying to overcome the downturn by utilizing both fiscal and monetary policies,the government of South Korea has so far introduced a total of KRW141 trillion(USD115 billion,7.4%of GDP)support measures to mitigate the impact of the COVID-19 including liquidity provisions and credit guarantees.
