Budget Bureau gives nod to further B100bn in borrowing

The government is able to borrow an additional 100 billion baht to offset a budget deficit if state revenue collection for fiscal 2021 misses its target, says the Budget Bureau.

If the coronavirus outbreak is still battering the economy and causes a shortfall in state revenue the next fiscal year, the government is allowed to run up an additional 100 billion baht in debt, said director Dechapiwat Na Songkhla.

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Wichit Chantanusornsiri