Govt floats option for flood loans bill | Bangkok Post: news

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Govt floats option for flood loans bill

Emergency decree like a 'blank cheque', says Korn

The government will submit a bill seeking authorisation to borrow 350 billion baht in funds for its water management programmes if the charter court finds its funding decree unconstitutional.

Niwatthamrong Bunsongphaisan, a PM's Office Minister, said the bill would take three to six months to become law if necessary.

The government last month approved four decrees related to flood relief and water management investment, including one authorising the borrowing of up to 350 billion baht for new investment.

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Writer: Chatrudee Theparat
Position: Business Reporter

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  • bula

    ThailandPost : 1,251

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    Discussion 1 : 09/02/2012 at 08:18 AM1

    All of Korn's allegations and accusations are speculations, assumption, and pre-judge.
    He should spend time preparing himself to observe how the Government is implementing the various flood management projects instead of trying to block or delaying an urgent situation that the country is facing. The constitution provides the use of executive decree, but whether a situation is urgent/emergency or not should be the responsibility of the Executive. The judiciary should not be seen as interfering in the work of the executive. The AV administration had used this when they were in power. I am sure Korn will use executive decree if the DEM is still in power and under the same circumstances that PTP led government is facing.

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