29.8 C
Bangkok
Thursday, May 16, 2024

Borrowing to rise to B2.4tn on stimulus spending

Visitors walk along the walls of the Grand Palace and Wat Phra Kaeo, also known as the Temple of the Emerald Buddha, which are among Bangkok’s top tourist attractions. (Photo: Apichart Jinakul)

The government expects to borrow about 2.4 trillion baht (US$66.5 billion) in the fiscal year starting October, 7.6% more than this year to reflect an increase in funding needs, according to people with knowledge of the plans.

More than 700 billion baht of the total will be…

Read more…

Latest Articles