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Stop orders, the number of debt incurred for 1 trillion baht per year
On October 07, 2020 at 7:37 p.m.
The Treasury ordered the brakes on the public debt management plan. He fears the amount of recovery to intimidate 1 trillion baht per year to harm the government
News reports from the Ministry of Finance revealed that the main service provider, the Ministry of Finance. It has requested the senior management of the Public Debt Management Office (SAO) to cancel the press release of the results of the public debt management work and the plans to continue with the 2020 and 2021 fiscal years, which is scheduled for be announced at 1:00 p.m. on October 7, 2020
Due to the past fiscal year 2020, the Treasury has borrowed money to make up the deficit of 4.69 billion baht and borrow money in case the spending is greater than the revenue of 2.14 billion baht, which has been approved by the Cabinet (Cabinet) with General. Prayut Chan-o-cha, Prime Minister of the Kingdom, was the president. Both limits are complete. Taking inventory at the end of fiscal year 2020 is more than 500 billion baht, capable of supporting the disbursement of fiscal year 2021 in the first 2 months of October and November.
In addition, in the last fiscal year 2020, MPO also borrowed money in accordance with Royal Decree Borrows 1 trillion baht to solve the COVID-19 problem in the amount of 3.33 billion baht, including a loan to make up the shortfall. budgetary. And borrow if expenses are greater than income This resulted in the last fiscal year 2020, the government borrowed 1 trillion baht.
For fiscal year 2021, the amount of 3.3 trillion baht is the budget that must be borrowed to make up the deficit of 6.23 billion baht. Combined with the plan with the remaining 1 trillion baht borrowed from the Royal Decree, it will require a loan. New 1 trillion baht, same as last year 2020
News reports from the Finance Ministry revealed that the Treasury fears that the need to borrow 1 trillion baht a year for two consecutive years is a political issue. Attacking the government for managing the economy Therefore, the official announcement will be canceled first. Borrowing is essential and is what many countries in the world do. To mitigate the effects of COVID-19
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