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  1. #1
    Mid
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    Thailand receives $300-million ADB loan

    Thailand receives $300-million ADB loan
    Wichit Chaitrong

    Thailand's finance ministry and Asian Development Bank today signed a US$300 million loan contract to finance the country's infrastructure projects.

    The 15-year loan, signed between the country's deputy finance minister Pradit Phatraraprasit and ADB South East Asia Department director general Kunio Senga, will have a grace period of three years with floating interest rate.

    Thailand is required to pay a loan fee of 0.15 per cent annually.

    nationmultimedia.com

  2. #2
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    Should this not be merged with the thread on Victor Bout?

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