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Home World Asia Pacific

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

15 July 2024
in Asia Pacific
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Thai PM says cabinet approves loan scheme to banks for subsidised lending
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Thailand’s Prime Minister announced that the cabinet has approved a loan scheme for banks to provide subsidised lending to businesses affected by the COVID-19 pandemic. The scheme aims to support struggling businesses and stimulate economic growth in the country. This initiative is part of the government’s efforts to mitigate the impact of the ongoing crisis on the economy.

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