Govt intends to pay B50bn debts early | Bangkok Post: business

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BAHT APPRECIATION

Govt intends to pay B50bn debts early

The government aims to repay 40-50 billion baht of external debts owed by the government and state enterprises in the first six months of this year in a move to ease the baht's appreciation.

Areepong Bhoocha-oom, permanent secretary of the Finance Ministry, said yesterday that the plans would help to weaken the baht.

Prime Minister Yingluck Shinawatra called a meeting with economic ministers yesterday to monitor economic conditions, the baht's movement and investment regulations.

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