Country:Korea
Year:2004
Policy status:In Force
Date Effective:2004
Policy Type:Economic Instruments
Policy Target:
Agency:Ministry of Finance and Economy (MOFE)
URL:http://english.mofe.go.kr/
Description:The Ministry of Finance and Economys (MOFE) energy measures in preparation for rising oil prices include cutting interest rates for model companies using alternatives such as solar energy and wind force. More than 150 model companies are expected to benefit from this measure cutting the current 5.25% to 3% per annum in the near future with this government action.

Last modified: Thu, 26 Jul 2012 15:20:15 CEST