Ministry sees key role for smaller lenders

Part of efforts to avoid loan sharks

Nano-finance and pico-finance loans worth 70 billion baht in total are among the measures being deployed to counter informal debt problems, says Fiscal Policy Office director-general Pornchai Thiraveja.

Mr Pornchai said nano-finance and pico-finance form part of the Finance Ministry’s efforts to widen formal financing sources for low-income earners and informal…