House debating B500bn loan bill

Parliament on Wednesday started debating a bill to allow the government to borrow an additional 500 billion baht to help deal with the country’s latest and biggest coronavirus outbreak.The economy is expected to grow only 1.5%-2.5% this year after last year’s 6.1% slump, with tourism ...

Loan decree needs to be transparent

A former finance minister on Monday submitted a petition to the Supreme Admin Court asking it to revoke cabinet approval for a 700-billion-baht loan to combat the kingdom’s public health crisis.The cabinet recently approved the draft of an executive decree authorising the government to borrow ...

Bangkok Post Reporter

NESDC explains economic and social restoration with 1-trillion-baht loan

The National Economic and Social Development Council (NESDC) has explained the undertaking of economic and social rehabilitation under a 1-trillion-baht loan decree.In response to many sides commenting that disbursement of the funds was slow, the NESDC Deputy Secretary-General, Danucha Pichayanan, said today the council serves ...

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