Ministry taps state banks to boost rural economy

The Finance Ministry plans to prioritise strengthening the rural economy and accelerate infrastructure investments in 2020 as a means to cushion against external headwinds.

The Finance Ministry will use state-owned banks, including Krungthai Bank (KTB), Government Savings Bank, GH Bank and the Small and Medium Enterprise Development (SME D) Bank, to boost the rural economy, said Finance Minister Uttama Savanayana.

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Wichit Chantanusornsiri