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“Remedies for the second round of COVID”


Second round of COVID treatment, Minister of Finance has responded clearly preparing to propose financial assistance measures Debt and low-interest loans for the Cabinet to consider this January 12, while NESDB proposes measures to reduce the burden of expenses for people in the 28 provinces.

January 9, 2021.Remedies for Covid Round 2 Recent news reports have revealed that The Cabinet Meeting (Cabinet) on January 12, Mr. Arkom Termpittayapaisit Finance Minister or “Minister of Finance” will propose to the meeting. The Cabinet considers financial assistance from commercial banks such as debt suspension and low-interest loans.

While the Office of the National Economic and Social Development Council (NESDB) will propose measures to reduce the cost burden To alleviate the suffering of those affected by the new coronavirus outbreak in 28 vulnerable provinces, including in the 5 most controlled provinces.

Mr. Arkom disclosed that Specialized Financial Institutions that would offer financial assistance measures to the Cabinet. Considered by the Government Savings Bank, Bank for Agriculture and Agricultural Cooperatives (BAAC), Government Housing Bank (GHB) and Small and Medium Enterprise Development Bank of Thailand (SME).

Measures that will come out will include credit replenishment. And take care of the debt to the people Including the tourism sector businesses that are affected Such as a suspension of principal By paying only interest Or reduce some interest payments, etc.

As for the remedial measures The Ministry of Finance is considering Can gradually come out After the release of financial measures As for the model, this remedy must be looked at carefully because the nature is of a specific group.

Also need to look at the situation of the COVID-19 epidemic. How far will it be stretched today? Even if the impact has begun to occur, the economy can still move forward. It has not closed all economic activities.

The Minister of Finance did not confirm that a second round of COVID remedial measures would be released in the month. This Jan or not But I will try to do it as quickly as possible. And came out after financial measures Including loan suspension And measures to reduce expenses have been released Because remedial measures must be carefully looked at And must discuss with the Prime Minister before proposing The cabinet will cure only 28 provinces, the areas that are at risk or not, it is still not finalized, let’s look again.

In the case of the private sector requesting to renew the project for half of the time for another 3 months with an increase of 5,000 baht each, it has not yet been considered. Because there are still 3 months left after that, it will be evaluated again

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