Economic news

Thai PM says cabinet approves loan scheme to banks for subsidised lending

2024.07.16 02:27

BANGKOK (Reuters) – Thailand’s cabinet approved a soft loan scheme to commercial banks for subsidised lending, Prime Minister Srettha Thavisin told reporters on Tuesday.

© Reuters. FILE PHOTO: Thailand's Prime Minister Srettha Thavisin looks on during an interview with Reuters in Koh Samui, Surat Thani province, Thailand, April 7, 2024. REUTERS/Chalinee Thirasupa/File Photo

The government has said the loan programme would be worth 100 billion baht ($2.8 billion) and is aimed at helping smaller businesses obtain loans.

($1 = 36.22 baht)



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