The Cabinet on Tuesday endorsed a Finance Ministry plan to delay a US$500-million (Bt17b) loan from the Asian Development Bank. It also suspended previously agreed borrowing from the World Bank and the Plan International Cooperation Agency. Ministers agreed domestic liquidity was sufficient to finance the latest stimulus package and that government revenue had shown some improvement. (The Nation)
Cabinet puts a hold on foreign borrowing
The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
All posts byThaiVest Editorial Team
You Might Also Like
December - April is on of the best times to travel to Thailand. Very sadly, what is known as the...