Finance Ministry earmarks B100bn for tourism
The Finance Ministry is preparing to offer 100 billion baht in soft loans as a lifeline to coronavirus-ravaged tourism operators as part of new relief measures that will seek the cabinet’s approval by early March.
The soft loans, sponsored by the Government Savings Bank (GSB), will be offered through commercial banks with an interest rate of 3-4%, said a source familiar with the matter who requested anonymity.
Wichit Chantanusornsiri
