The FSC, relevant government ministries and policy financial institutions signed an agreement on December 26 to supply policy funds in 2023 prioritizing on the key industrial strategies of relevant ministries. At the agreement signing event, FSC Chairman Kim Joo-hyun said that it is critical to strengthen collaboration between the government ministries and policy financial institutions to effectively respond to the current complex risk situation at home and abroad. In this regard, Chairman Kim said that the policy funds supply plan for 2023 that has been agreed upon today is an important result of close cooperation between relevant ministries and policy financial institutions. For 2023, the total amount of policy funds made available through the Korea Development Bank, Industrial Bank of Korea and Korea Credit Guarantee Fund will be KRW205 trillion, up KRW11 trillion from this year. While reflecting the "new growth 4.0 strategy" and key industrial policy of each ministry, authorities will select 5 major strategic areas for support from policy funds and supply funds worth KRW81 trillion in those stratetic areas.