Thai PM defends submarine purchase and explains causes of huge public debt

Prime Minister Prayut Chan-o-cha has defended the Royal Thai Navy’s 22 billion baht procurement of three Yuan-class submarines from China as being worth the taxpayers’ money, compared to the 24…

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Opposition suggests Government check money it already has before borrowing

Opposition chief whip Suthin Klangsaeng told the Government today to check the money already in its coffers before borrowing the one trillion baht it is seeking under a decree. On…

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Trillion baht loan not needed had there not been a COVID-19 pandemic – PM

Thailand’s Prime Minister, Prayut Chan-o-cha, responded to Opposition claims today that his government has mismanaged the country’s economy, to the extent that it now must borrow 1.9 trillion baht, approximately…

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Thai PM assures MPs of clear guidelines on how to spend one trillion baht loan

Thailand’s Prime Minister Prayut Chan-o-cha today (Thursday) assured members of parliament that the Government has put in place clear guidelines, in accordance with budgeting law, on how to make use…

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