BANGKOK, March 27 (TNA) – The Thai government plans to
seek around 200 billion baht in loan to address the Covid-19 impacts on the
economy.
Deputy Prime Minister Somkid Jatusripitak revealed after a
meeting with the Bank of Thailand and state-run financial institutes on Friday.
Given the strong financial stability, the government was
working out a decree to allow it to borrow for funding its big stimulus package
over the next two to three months, he said.
Due to extensive effects of the Covid-19 pandemic, the
emergency relief programme would be available nationwide to ease current
economic problems.
The Bank of Thailand, this week, announced its forecast for
Thai economy to decline 5.3 percent, citing the damages to tourism industry,
export sector and consumer consumption. (TNA)
