thailandedition

Ekniti Updates Measures for Vulnerable Groups and Businesses Amidst High Oil Prices

ThansettakijEconomy

Full article content is available on the original source.

Key Entities

Person

Ekniti Nitithanprapas(เอกนิติ นิติทัณฑ์ประภาศ)
Deputy Prime Minister and Minister of Finance who announced measures to help vulnerable groups and businesses affected by high oil prices.

Organization

Ministry of Finance(กระทรวงการคลัง)ℹ️
The government ministry responsible for announcing measures to mitigate the economic impact of high oil prices.
Bank for Agriculture and Agricultural Cooperatives(ธกส.)ℹ️
The financial institution offering half-interest loans to reduce production costs in the agricultural sector.
The Comptroller General's Department(กรมบัญชีกลาง)ℹ️
A government department involved in relaxing procurement criteria for construction contracts affected by price fluctuations of materials and oil.
Bureau of the Budget(สำนักงบประมาณ)ℹ️
A government agency responsible for budget allocation and involved in relaxing procurement criteria and reviewing government agency budgets for reductions.
Government Savings Bank(ธ.ออมสิน)ℹ️
The bank offering soft loans to SMEs and low-interest loans for individuals to support the transition to clean energy.
Small and Medium Enterprises(SMEs)ℹ️
Businesses eligible for low-interest loans from the Government Savings Bank and EXIM Bank to transition to cleaner industries.
Government Housing Bank(ธอส.)ℹ️
The bank providing special interest rate loans for energy-saving purposes, including for solar rooftops.
Export-Import Bank of Thailand(ธสน.)ℹ️
The bank supporting working capital loans for exporters facing increased shipping costs and offering export insurance.
Small and Medium Enterprise Development Bank of Thailand(ธพว.)ℹ️
The bank implementing the SMEs Green Productivity project with low-interest loans to promote green industrial transformation.
Cabinet(คณะรัฐมนตรี)ℹ️
The governmental body that has directed the Bureau of the Budget to review and reduce expenditures of government agencies.

Policy

State Welfare Card(บัตรสวัสดิการแห่งรัฐ)
A welfare program that will have its spending limit increased to aid vulnerable groups with cost of living expenses.