SHOULD the government issue an emergency decree to borrow an additional 500 billion baht Thailand’s debt-to-GDP ratio would rise to 75 percent and thereby increasing fiscal risks, People’s MP for Bangkok Dr. Anusorn Tamajai said today (April 20). The government also has to guarantee an additional 150 billion baht for the Oil Fuel Fund
Tag: borrowing
Former finance minister warns against borrowing 500bn baht to stimulate the economy
AMID a move to borrow 500 billion baht to stimulate the economy in face of US tariff crisis, a former finance minister warned the government to stop selling dreams of turning a crisis into an opportunity, Naewna newspaper said today (Apr. 29). Mr. Thirachai Phuvanatnaranubala, former finance minister and deputy leader of Palang Pracharath
Read moreGovt urged to reveal details of BAAC borrowing for digital wallet scheme
By Thai Newsroom Reporters THE GOVERNMENT WAS TODAY (Apr. 12) pressed to tell how long a sum of 172.3 billion baht in planned borrowing from the Bank for Agriculture & Agricultural Cooperatives (BAAC) to finance in part their 10,000-baht digital wallet project could be completely repaid. Move Forward MP Sirikanya Tansakun said the Pheu
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