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‘Magic’ insists the government prepares a budget of 100 billion baht, issuing measures to help SMEs

on September 25 Mr. Arkhom Termpittayapaisith The finance minister said the government is now accelerating measures to create new jobs for workers returning home from the impact of the coronavirus. and helping small and medium-sized entrepreneurs (SMEs) who are unable to open their businesses On September 22, the committee screened loan expenditures. Has proposed a framework to take care of SME entrepreneurs to the Cabinet (Cabinet) to approve the principle. The proposed framework has a limit of about 100 billion baht, and how it will be used will be detailed again.

“Although the Ministry of Labor reported that The number of people leaving and entering new jobs is similar. But there are still some migrants we don’t know yet if they leave their jobs and come back to the employment or social security system or not. It can be noticed that some people who leave their jobs return to their hometowns. to wait for the factory restaurant reopening Some of them have changed their minds to stay at home, wait for vocational training and create new jobs, so they need to help the basic economy by focusing on the rural sector,” Arkhom said.

Mr Arkhom said, however, two months ago The government has measures to help workers through the social security system, Sections 33, 39, and 40, including measures to help SMEs as well. which the government gave the money By using the criteria according to the number of employees 3,000 baht per person, but not more than 200 people, so 1 SME, if there are 200 employees, will receive a subsidy of more than 6 hundred thousand baht, which is to fill liquidity during business closure. There are also financial measures. both in terms of credit and payment moratorium All financial institutions are ready to help. especially state-owned financial institutions that operates in accordance with government policies both payment moratorium and extending the repayment time including debt restructuring

Mr Arkhom said that there is also a liquidity replenishment, such as the Government Savings Bank, which lacks liquidity, can use the land to borrow money. SME Bank that receives money from the Office of Small and Medium Enterprises Promotion (OSMEP) to issue loans, etc. As for SMEs that still lack knowledge It will introduce technical marketing, production and business development research. while SMEs that are not in the system Because it is a non-performing debt (NPL) before and may have multiple bank accounts. will go in as a consultant For example, the Chamber of Commerce has measures to take care of, such as brothers and sisters in receiving products to sell in department stores. or a longer credit term For manufacturers who deliver items in department stores, etc.

“There are more than 3 million Thai SMEs, but not many people enter the system. Part of the problem is that there are many bank debts. And the business has not been successful before. may not meet the conditions of the bank As for the New Employment Promotion Program for new graduates, or co-payments, which assist half of the employment The Loan Expenditure Committee has proposed an employment framework to the Cabinet. After considering, what will the format be like, will have to wait to follow. This measure is an important measure to help maintain employment,” Arkhom said.

Reporters reported that The Cabinet has approved in principle to a government agency duly authorized by the Responsible Minister It is responsible for preparing project details in accordance with the economic and social rehabilitation plan. both to support employment for enhancing potential and competitiveness for SME entrepreneurs and to stimulate consumption, in proposing to the NESDB to collect and prepare opinions and propose to the loan scrutiny committee to determine which projects are appropriate will receive after notification Please proceed to the next step. by dividing the period for considering the use of the loan According to the Royal Decree (Royal Decree) borrowing additional 500 billion baht in the rehabilitation plan of 170 billion baht, is the first round of October 2021, amounting to 1-120 billion baht, and the second round, amounting to 50-70 billion baht.

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