BANGKOK, 3 March 2015 – The Cabinet meeting today is expected to consider urgent road development funding and a debt relief program for farmers.
The Ministry of Transport will receive 40 billion baht if the Cabinet approves its infrastructure proposal. The road developments are part of the ministry’s urgent plan to improve transportation systems nationwide.
The Cabinet will also deliberate on debt relief options for farmers taking loans from the Bank for Agriculture and Agricultural Cooperatives.
The program would apply to those unable to clear their debts, those wishing to extend their payment plans by 1-3 years, and those affected by the drought. Cabinet members will also decide whether more loans will be issued to help revive struggling agribusinesses.
Later, the State Enterprise Policy Office will report the results of its meeting to the Cabinet.