Should the government seek foreign loans?

According to a recent cabinet decision, the Thai government will seek foreign loans to the tune of 2,000 million USD, including 1,000 million USD on loan from the World Bank, 500 million USD from the Asian Development Bank (ADB) and 500 million USD from JICA.

The Thai government’s handout of 2,000 Baht

The new government’s approval of a 115 billion baht stimulus package was recently the talk of the town. One measure in the limelight was a cash handout of 2,000 baht per salaried worker earning less than 14,999 baht per month, at a cost to the government of 19 billion baht overall.