Decree allows Thai Finance Ministry to guarantee loan for oil fund
newscatcher
2022-08-17 01:30
Decree allows Thai Finance Ministry to guarantee loan for oil fund
BANGKOK : The Cabinet on Tuesday (Aug 16) approved an executive decree that would enable the Finance Ministry to guarantee a loan of 150 billion baht to be borrowed by the Oil Fuel Fund. The executive decree was proposed by Energy Minister Supattanapong Punmeechaow, a source from the Cabinet meeting said. The decree enables the Finance Ministry to guarantee a loan for the Oil Fuel Fund with a ceiling of 150 billion baht. The decree states that the Office of the Oil Fuel Fund will be the agency to seek the loan.

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