Budget Bureau gives nod to further B100bn in borrowing
The government is able to borrow an additional 100 billion baht to offset a budget deficit if state revenue collection for fiscal 2021 misses its target, says the Budget Bureau.
If the coronavirus outbreak is still battering the economy and causes a shortfall in state revenue the next fiscal year, the government is allowed to run up an additional 100 billion baht in debt, said director Dechapiwat Na Songkhla.
Wichit Chantanusornsiri