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Market Chatter: Thailand's Cabinet to Consider Loan Plan for Living Costs, Clean Energy

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Members of the Thai cabinet are set to meet Tuesday to discuss a proposed loan framework to support funding for the cost of living and clean energy, the Bangkok Post reported Monday.

Government spokesperson Rachada Dhnadirek was cited in the article as saying that the co-payment scheme under the plan is expected to support the economy while easing living costs. The loan deal, which could be worth between 400 billion baht and 500 billion baht, is also earmarked for solar power and other renewable energy sources, as well as to support the shift away from fossil fuel imports, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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