Treasury to support loan amendments BOT Softloan Act prepares a billion dollar amount to fill private liquidity Aiming to promote tourism Following the gradual vaccination of COVID-19 While the airlines suggest foreigners to get vaccinated to travel in the country
Mr. Archom Termpittayapaisit Minister of Finance gave a keynote speech at the seminar “Catching investment signals in the New Normal Era” stating that the BOT Softloan Act in the past had tight conditions. Causing banks to lend very little borrowers While the private sector is not concerned with interest on loans Only requesting liquidity to sustain the business The Ministry of Finance then consulted with the BOT to enact the amendment law. The original version of the Royal Decree Relax for large private sectors, which are larger than SMEs, requesting loans per person 20-500 million baht, interest rate higher than 2%, prepared to support 1 billion baht allocated from the soft lone line of Remaining BOT Which requires further discussion on how to amend the law Expected to be concluded soon
For debtors who have debt problems, NPL plans to use warehouse assets to be used for valuation in lending. Set conditions for the same debtor to buy back at a lower price than the market agreed upon. The government is ready to take care of the tax on such transactions. To want the large private sector lacking liquidity at this time to continue to overcome the COVID-19 problem, admitted that last year may not be able to see the future. But when the morning vaccine began to be injected to the people Began to gain more confidence While Thailand has recognized the world stage for the prevention and treatment of COVID-19. Thus building confidence in foreign tourists
In the latter part Treasury prepared to discuss with A. Tourism Leverage tourism promotion measures through “We travel together” added, because middle-income people still have enough power to travel in the country of 60 percent. The economic outlook for the year 64 is expected to expand by 2.8 percent, with the need to strengthen the domestic economy. Exports have already started to be positive for some time. During this period we focused on remediation of short-term impacts through each half of the program. Reduce the problem of unemployment. Liquidity filling Especially the tourism sector Which has registered, we win out to spend more in the secondary city tourism provinces. When the economy in year ’64 starts to be positive, 2.8 percent in the year 65 should continue to improve.
Thassapon Bijleveld, Chief Executive Officer of Thai AirAsia, said he suggested that the government accelerate the vaccination of 60 million people as it will be a way to build confidence in the travel of Thai people. So I hope that this April Songkran Festival will start a travel promotion. Expected airlines Air Asia. 100 percent of flights can be opened by the end of the year 65 and should be opened to foreigners who are fully vaccinated. Can travel to Thailand such as Singapore, Norway, Sweden because tourism is the main engine of the economy.
Mr. Satit Viddayakorn Chief Executive Officer And Managing Director of Principal Capital Public Company Limited, said that even though the government has accelerated vaccination for people, Agree that it takes up to 2 years, or around October – Nov 65, while many countries have injected the people of Novak Xi, more than 90 percent of the population in the private hospital, ready to cooperate. With the government to help spread the vaccination area But regulations are still limited in some parts.
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