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Tuesday, May 7, 2024

Democrats eyeing B1tn in ‘unspent funds’

Pheu Thai ups goal, BJT backs pot push

Democrat members are in high spirits as they enter the venue for party-list candidacy registration on April 4. (Photo: Pattarapong Chatpattarasill)

The Democrat Party has proposed financing its economic policy using one trillion baht drawn from unspent funds kept by various state agencies.

The party is set to unveil the policy formally on Monday. Kiat Sitthi-amorn, a member of the party’s economic team, said if the money is drawn from unspent funds, there will be no need to take out a loan to cover it.

The money could also be raised through issuing of bond, he added.

In another leg of the policy, Mr Kiat said the party was also looking to make it possible to…

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