FRIDAY, March 29, 2024
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Govt should borrow over Bt2 tn to tackle virus crisis, improve competitiveness: TDRI

Govt should borrow over Bt2 tn to tackle virus crisis, improve competitiveness: TDRI

The Thailand Development Research Institute (TDRI) suggested that the government borrow around Bt2.4 trillion to deal with the virus crisis and improve the country’s competitiveness post-Covid-19.

 

TDRI senior academic Nonarit Bisonyabut said the government should spend Bt400 billion – of the borrowed money – for helping around 30 million people affected by Covid-19.

 

He added that the rest of the money should go for long-term investment in order to improve Thailand’s competitiveness after the virus crisis ends.

 

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