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Thailand approves soft loans worth $1.58 billion to boost property market

Thailand approves soft loans worth $1.58 billion to boost property market

FILE PHOTO: Bangkok's skyline photographed during sunset in Bangkok, Thailand, January 4, 2023. REUTERS/Athit Perawongmetha/File Photo

BANGKOK : Thailand's cabinet approved soft loans worth 55 billion baht ($1.58 billion) to boost the property sector, a deputy finance minister said on Tuesday.

The loans are for buying, decorating, repairing and building houses, Paopoom Rojanasakul said.

($1 = 34.7100 baht)

Source: Reuters

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