PM urges MPs to vote for loan bill

Prime Minister Abhisit Vejjajiva on Sunday called on Members of Parliament to vote for an executive decree and a government bill to raise 800 billion baht in loans to stimulate the economy.

An extraordinary parliamentary session will reconvene on Monday to vote on the loan scheme.

Mr Abhisit said the government would use the borrowed money to spur the economy and develop the country.

It would be used on public transportation, water resource management, public health facilities, education, tourism and measures to solve the southern insurgency, he said.

He said about 1.2 million to two million jobs would also be created.

There would be clinics in 40 per cent of the tambons nationwide, he said.