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Cabinet approves B1.4 trn in new borrowing for 2022 fiscal year

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  • Cabinet approves B1.4 trn in new borrowing for 2022 fiscal year

    The cabinet on Tuesday approved new borrowing of 1.41 trillion baht in the current fiscal year to September, up from a previous plan of 1.36 trillion baht, a government spokesperson said.

    The new debt is part of a wider debt management plan in the fiscal year, which will bring public debt to 62.76% of gross domestic product, still below the 70% limit, Rachada Dhnadirek told a news conference. https://www.bangkokpost.com/business...22-fiscal-year

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