Somkid: Emergency borrowing could top B200bn

The government is mulling an emergency decree to enable it to borrow more money to support the economy over the next two to three months.

The Finance Ministry has been asked to work on a “big” stimulus package, Deputy Prime Minister Somkid Jatusripitak said on Friday after a meeting of key officials and regulators. Extra borrowing in excess of 200 billion baht is possible given the strength of the government’s finances, he said.

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