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Bangkok Post
Bangkok Post
National

FORGOTTEN HISTORY: Govt accepts japan loan of b13 2bn - Caught on Camera

Finance Minister Arkhom Termpittayapaisith has signed a loan agreement worth 50 billion yen (13.2 billion baht) with the Japan International Cooperation Agency to bolster the nation's Covid-19 emergency response.

The agreement was signed at the Finance Ministry on Tuesday by Mr Arkhom and the chief representative of Jica's Thailand office, Morita Takahiro.

According to the agreement, the loan is to be repaid within 15 years -- plus a four-year grace period -- with the interest set at 0.01%.

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