B2 trillion loan bill approved by cabinet, to go to House of Representatives | Bangkok Post: business

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Cabinet approves B2 trillion loan bill

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The cabinet on Tuesday approved the draft two-trillion-baht infrastructure development loan bill, Finance Minister Kittiratt Na-Ranong said after the meeting. 

The loan bill is expected to be forwarded to the House of Representatives for consideration next week.

The bill empowers the Ministry of Finance to gradually acquire loans to fund the government's planned infrastructure development investment megaprojects over the next seven years, Mr Kittiratt said.

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