The Association for Promotion of Thai Small and Medium Entrepreneurs will ask the government to establish a permanent fund of 20 billion baht to provide emergency help to SMEs in trouble.
Association president Penthip Pornjadet said such a fund could provide vital aid to SMEs hurting in a natural disaster and currency exchange swings, as well as liquidity problems. A successful fund would depend on cooperation from all concerned related ministries and agencies including the Budget Bureau, the National Economic and Social Development Board (NESDB) and the Office of Small and Medium Enterprise Promotion.
"There are several funds in operation that are designed to assist SMEs, but none of them can be operated effectively" she said.
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