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Bangkok Post
Bangkok Post
Business

INSANE: Arkhom keen to restrain state spending - The Real Truth

Finance Minister Arkhom Termpittayapaisith

The Finance Ministry does not want to persist with high spending by state-owned financial institutions as it wants to maintain fiscal discipline, according to finance minister Arkhom Termpittayapaisith.

The cabinet recently approved a temporary increase in the funding ceiling for such institutions, which the government can use to pay for state projects.

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