Bangkok: Sudarat Keyuraphan led a team of Bangkok parliamentary candidates to Ratchada Market, announcing the "Startup Fund," one of her four "stress-relief" policies. This fund allows small business owners, recent graduates, and SMEs to borrow 10,000-100,000 baht at an interest rate of 1% per month, making it accessible to everyone. She jokingly claimed it's better than simply handing out 10,000 baht, which she said was nothing more than a tiny fan.
According to Thai News Agency, Khunying Sudarat Keyuraphan, the Prime Minister candidate of the Thai Sang Thai Party, along with Mr. Suradech Taweesangsakulthai, the party's economic strategy chair, visited the Muang Thai Market in the Ratchada area to solicit votes from vendors and office workers. She emphasized that economic hardship is the most urgent crisis the party is prepared to address, aiming to alleviate the burden on Thai people. The party's policies focus on creating opportunities for small business owners to regain their stability, stating, "Anyone needing capital to start a business can actually obtain loans."
A key highlight is the "Startup Fund," designed to help SMEs, recent graduates, and small-scale entrepreneurs access real funding ranging from 10,000 to 100,000 baht at a low interest rate of just 1% per month. This aims to break the cycle of informal debt, which can reach up to 20% per month, reducing interest burdens from tens of thousands of baht to just hundreds, and increasing liquidity for working individuals, traders, and small businesses to build their businesses more quickly.
Furthermore, Khunying Sudarat stated that this policy is the real lifeline, better than distributing 10,000 baht in digital currency. She argued that temporary cash handouts cannot sustainably stimulate the economy and are not the "economic whirlwind" claimed, but merely a "miniature fan" that blows only briefly.