House approves two decrees

THURSDAY, MARCH 01, 2012
House approves two decrees

The House Thursday approved two executive decrees, whose constitutionality have been endorsed by the Constitutional Court.

 

The House voted 281 to 1 to approve the decree that allows the government to borrow Bt350 billion for implementing flood-prevention measures. A total of 119 opposition MPs abstained.
The House voted 276 to 114 to approve the decree to transfer debt burden of the Financial Institutions Development Fund to the central bank. A totla of 15 MPs abstained.
The Nation