Digital finance to support Thai growth next year, says finance minister

Image from The Nation Thaikland/ANN

BANGKOK, Dec 19 (Reuters): Thailand's digital finance will be a major boost to economic growth next year, helping smaller businesses gain more access to credit after a struggle to stay afloat during the pandemic, the finance minister has announced.

Small-and-medium enterprises (SMEs), the backbone of South-East Asia's second-largest economy, have been hard hit by falling income and a lack of liquidity due to the impact of outbreaks.