The market is mixed on the New Deal fund, a 20-trillion-won pool of money that will be used to finance the building of infrastructure for the government's New Deal Policy initiative. It is a work in progress, with many questions hanging over it.
The idea of devising a principal-protected fund is as incongruous as wishing to drink hot and iced coffee at the same time, observed a financial expert upon the government’s announcement of a new 20 trillion won ($17 billion)...
The government announced a 20 trillion won ($16.8 billion) Korean New Deal fund for the next five years. The government including state-owned financial companies will contribute 35 percent of the fund and 65 percent from the private sector.
The 1 trillion won ($844 billion) New Deal Fund being pushed by the Democratic Party offers better returns than banks, guarantees the principal and comes with some tax benefits but opinions differ regarding its reliability.