🇰🇷 South Korea 4h ago · yonhap@koreatimes.co.kr(KoreaTimes)

Korea to annually provide over $2 bil. in EDCF over 2026-2028

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Korea to annually provide over $2 bil. in EDCF over 2026-2028
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Korea plans to provide about 3 trillion won ($2.01 billion) per year in low-interest loans for new overseas development projects over the next three years, the finance ministry said Monday. Under the 2026–2028 plan for the Economic Development Cooperation Fund (EDCF), the government set a target of approving an annual average of 3 trillion won for new projects designed to support the economic development of developing or less developed countries. Seoul launched the EDCF program in 1987, providin

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