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Thai PM Urges Banks To Lower Interest Rates For Economy

Thailand's Prime Minister Srettha Thavisin speaks during an interview with Reuters in Koh Samui

Thailand's Prime Minister has urged banks in the country to lower interest rates in order to support the economy during these challenging times. The call comes as the nation grapples with the economic impact of the ongoing global pandemic.

The Prime Minister emphasized the importance of banks playing a proactive role in stimulating economic growth by reducing interest rates. Lowering interest rates can encourage borrowing and spending, which in turn can boost economic activity and help businesses and individuals navigate through financial difficulties.

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