30.2 C
Bangkok
Tuesday, May 7, 2024

Soft loans tweaked for SME access

Soft loans tweaked for SME access

Amendment agreed upon in principle

Local vendors sit idle at a clothes market in Victory Monument as the outbreak surged again. (Photo by Nutthawat Wicheanbut)

The Finance Ministry is preparing to amend the soft loan decree to allow greater low-interest loan access for small and medium-sized enterprises (SMEs).

The ministry and the Bank of Thailand have agreed in principle to amend the decree, but a proposal has to be submitted to the parliament’s commission committee before any amendment can be made, said Arkhom Termpittayapaisith, the finance minister.

Ministry officials are studying details on criteria amendment and the amendment process is expected to commence before September, said Mr Arkhom.

Paiboon Nititawan,…

Read more…

Latest Articles