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According to the Royal Thai Government Finance Law, which borrows 1 trillion baht in loans, preparing to pay the remedy to the public during the May period.
Ms Patricia Mongkolvanich, director of the Office of Public Debt Management (SorBorThor.) Revealed that the government has borrowed the first installment of 70 billion baht, according to the Royal Decree. And it will have money in the treasury on May 5 to pay 5,000 baht to 14 million people affected by Khovid. The remaining 2 million will use the money from other parties to pay The first withdrawal has been issued as promissory notes AND borrowed from 3 commercial banks that are Krung Thai Bank Kasikorn Bank AND the bank of Bangkok
“The first loan will go to the warehouse tomorrow (May 5) and will be ready to disburse suffering from May 8. What is the right time for the disbursement of 5,000 baht in the second month.”
Regarding the next reduction plan MPs will issue a 50 billion baht promissory note to pay 5 billion baht to help farmers, another 10 million people, who will also start offering loans on May 5 and will have money to finance the plan . For this May 11, with the loan of the parliamentarians they will recover gradually according to the cycle of use of money. Not borrowing in one big lump because it causes unnecessary interest
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