S. Korea to Earmark 11.7 tln Won in EDCF Loans by 2025

SEOUL, Jan. 26 (Korea Bizwire) — South Korea plans to set aside 11.7 trillion won (US$9.48 billion) in low-interest rate loans for developing countries by 2025 and seek a new partnership in war-torn Ukraine as well, the finance ministry said Thursday. Under the Economic Development Cooperation Fund (EDCF), South Korea plans to approve 3.8 trillion [...]