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Bangkok - News

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Jun 20, 2024

Thai Deputy Prime Minister defends proposal to borrow 865 billion baht for economic growth

Deputy Prime Minister Pichai Chunhavajira staunchly defended the government’s proposal to borrow 865 billion baht to mitigate the fiscal 2025 budget deficit, emphasizing the need to rejuvenate Thailand’s languishing economy. The government seeks to allocate 3.7 trillion baht in spending against projected revenues of 2.8 trillion baht, with a focus on investments to stimulate future economic growth.

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