Thailand: Finance Ministry wants banks to provide short-term financing for state enterprises.

Section: General News - Banks may be asked for B200bn in loans, the Bangkok Post reports.

The Finance Ministry will ask the cabinet on Tuesday to let it approach major local banks to set up a 200-billion-baht short-term loan fund for cash-starved state enterprises.

Many state agencies have found short-term funding difficult to source as local banks tighten lending and reduce loan lines over mounting concerns at the extent of the economic recession.

Prime Minister Abhisit Vejjajiva said the cabinet would need to consider the general details of the fund plan before approving it.

He said the government was not considering seeking loans from …