The government is scheduled to propose the 2-trillion-baht infrastructure borrowing bill to parliament on Thursday. If it is enacted, the government would have to service and repay the debt for about 50 years before the loans are fully repaid.
According to the government, about 80 per cent of the total borrowing would be invested in infrastructure and communications systems which would help the economy expand by 235 billion baht a year.
In principle, we fully agree and support the government's plan. The investment in infrastructure is essential, not only for economic expansion, but also for improving our quality of life.
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