Govt insists Bt2tn loan bill legal; vows to press on
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The government Thursday vowed to go ahead with the enactment of the Bt2-trillion loan bill, rejecting a legal-reform panel's claim that the bill is unconstitutional.
Deputy Prime Minister Phongthep Thepkanjana said the bill does not violate Article 169 of the Constitution as claimed on Wednesday by the Law Reform Commission of Thailand (LRCT) headed by former attorney general Kanit NaNakhon.
“The bill does not violate the charter because the loans will not be state funds,” Phongthep said. “Moreover, similar borrowing has been done by several governments – the Bt2trillion bill will not be the first of its kind.”
The Nation
