Cabinet approves THB1.3 trillion borrowing next year

The Cabinet on Tuesday approved fresh borrowing of 1.344 trillion baht for the new fiscal year, which starts next month.

The new borrowing comes under the Cabinet-approved debt management plan. The plan includes 1.5 trillion baht already borrowed by the government plus a 2022 repayment plan totalling 339.29 billion baht, said a government spokesperson.

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The Nation Reporter