Stock Mitty – Finance Ministry's Permanent Secretary Vayubhag reveals preparation for setting up mutual fund, hints investment of hundreds of billions could be completed within 2 months.
Permanent Secretary, Ministry of Finance Mr. Lavan Changsanit said the Finance Ministry is currently investigating. And take a decision regarding establishment of new Vayupak Mutual Fund. To support investment in the said financial stock market. Clarity is expected in another 2 months.
Place 2 options
For fundraising research to establish a fund, there are two options: establishing a new, third fund or raising funds to invest in the original fund. It is possible that they will use the method of raising money to put into the original fund. To gain speed because if a new fund is opened there will be a problem with the terms of setting up the new fund. cause delay
Stimulating investment of hundreds of billions
Which approach will the Ministry of Finance choose to establish the No Matter What Fund? But it is clear that new money will enter the capital market. We expect the amount of money to be 100 billion baht, and when combined with the original Vayupak fund of more than 340 billion baht, it will replace capital market liquidity invested by the government by more than 500,000 baht. million baht
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