PUBLISHED : 14 Feb 2024 at 04:00
The cabinet yesterday approved an additional 560 billion baht in new borrowing for fiscal 2024, bringing total new borrowing for the fiscal year to more than 754 billion.
According to government spokesman Chai Wacharonke, the new borrowing is part of the government’s revised public debt management plan for fiscal 2024, which encompasses three areas: new borrowing, adjustments to the existing public debt management plan, and modifications to the debt repayment plan.
For the new borrowing plan, borrowing is raised to 754.71 billion baht, up from the initially proposed amount of 194.43 billion.
The public debt management plan was adjusted to 2.00 trillion baht, up from 1.62 trillion, while the debt…
