Thai Fin Min: Government Has Room To Borrow Additional THB93.45 Billion

BANGKOK -(Dow Jones)- The Thai government has room to borrow an additional THB93.45 billion ($2.7 billion) with which it can use to boost the domestic economy, Finance Minister Korn Chatikavanij said Thursday.

"The additional borrowing can be done, if needed, and (the government) is still able to maintain fiscal discipline," Korn said in an economic seminar.

The government is seeking parliamentary approval on a supplementary budget worth around THB117 billion, which will widen the budget deficit for the fiscal year ending Sept. 30 from the current target of THB250 billion.

-By Piyarat Setthasiriphaiboon, Dow Jones Newswires;

nasdaq.com

don't sound very much to me ?

.