DPM Somkid reiterates the need for Thailand to borrow one trillion baht

Thailand’s Deputy Prime Minister for Economic Affairs, Dr. Somkid Jatusripitak, told Parliament today of the need to borrow one trillion baht to cushion the economic impacts of COVID-19, because existing…

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Opposition leader describes three loan decrees as a blank cheque

Thailand’s opposition leader, Sompong Amornvivat, today criticized the Government’s three public borrowing decrees, likening them to a blank cheque to spend without a proper screening mechanism. Taking the floor after…

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Defence spokesman defends military budget

The Thai military has defended its spending of about 1 trillion baht, or 7% of the fiscal budget, over the past five years and claimed it had not increased substantially….

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