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Thai PM assures MPs of clear guidelines on how to spend one trillion baht loan

Thai PM assures MPs of clear guidelines on how to spend one trillion baht loan

21 Sept 05:54 Key points summarised by AI
  • Prime Minister Prayut Chan-o-cha assured MPs of clear, transparent guidelines for a one trillion baht loan to combat COVID-19 impacts.
  • The loan primarily targets supporting small and medium enterprises (SMEs) to avert widespread business failures and mass unemployment.
  • New measures will specifically assist emerging SMEs lacking experience in securing financial institution loans.
  • Debate also covers decrees for soft loans and bond stabilization, clarifying these utilize central bank reserves rather than increasing national debt.
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