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Ministry preps B200bn for new relief measure

Ministry preps B200bn for new relief measure

Details to be finalised at cabinet meeting

Pratunam market in Bangkok is quiet amid the latest outbreak of Covid-19. Apichart Jinakul

The Finance Ministry is preparing to inject financial aid worth around 200 billion baht to combat deteriorating economic conditions during the prolonged Covid-19 crisis.

Such financial relief will be disbursed through state-owned financial institutions by implementing policies to enhance liquidity and take care of various groups of debtors, said Kulaya Tantitemit, acting director-general of the Fiscal Policy Office.

Of the 200 billion baht, 100 billion is the leftover liquidity from first-phase government measures issued to tame adverse effects of the outbreak.

Details of the…

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