Chalerm: No worries about 2 decrees
- Published: 8/02/2012 at 12:40 PM
- Online news: Local News
The government does not have to take responsibility if the Constitution Court rules that two financial executive decrees it has issued are unconstitutional, Deputy Prime Minister Chalerm Yubamrung said on Wednesday.
One of the decrees allows the government to seek 350 billion baht in loans for water management programmes and flood rehabilitation and restoration, and the other allows the Finance Ministry to transfer 1.14 trillion baht in debt from the 1997 financial crisis to the Financial Institutions Development Fund (FIDF) which is under the Bank of Thailand.
The Constitution Court has accepted petitions filed by 128 Democrat MPs and a number of senators for it to rule on the constitutionality of the two decrees.
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- Writer: Online Reporters
- Position: Online Reporters

