Cabinet green lights plan for cash-strapped SMEs
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THE CABINET Tuesday approved the Finance Ministry's measures to help small and medium-sized enterprises (SMEs) that have been hit by the slowdown of domestic consumption or lack a proper guarantee to gain access to bank loans.
Sansern Kaewkamnerd, deputy government spokesman, said the measures were the Portfolio Guarantee Scheme (PGS) and the Policy Loan Scheme that were introduced by the Finance Ministry, Small and Medium Enterprise Development Bank and Thai Credit Guarantee Corporation.
