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Culture Ministry to lend additional W40b to tourism industry
Culture Ministry to lend additional W40b to tourism industry
TravelOct 21, 2020
  The Ministry of Culture, Sports and Tourism announced Wednesday that it would inject an additional 40 billion won ($35.2 million) into South Korea’s tourism industry in the form of loans in the next two months. “As of the end of September, tourism industry sales had dropped by 9 trillion won compared to last year,” Choi Yoon-hee, second vice minister of culture, sports and tourism, said during a press conference Wednesday. In its 2020 budget, she explained, the ministr