Banks told to slacken loan rules | Bangkok Post: business

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Banks told to slacken loan rules

Regime looks to give fragile economy a lift

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Junta chief Prayuth Chan-ocha has pledged urgent measures to drive economic growth beyond 2%, with the focus on giving low-income earners and small- and medium-sized enterprises easier access to bank loans. 

Speaking on his weekly Return Happiness to the People TV show on Friday, Gen Prayuth said the Bank of Thailand has estimated that the country's economy will grow by only 1.5% this year.

But the NCPO will try to stimulate push that growth beyond 2%, with one measure to help achieve this being to boost the incomes of people who earn low salaries, Gen Prayuth said.

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