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Thai parliament passes bill on US$16 billion borrowing to fight COVID-19

Thai parliament passes bill on US$16 billion borrowing to fight COVID-19

The giant Buddha statue of Wat Paknam Phasi Charoen temple is seen at the end of an avenue amid the coronavirus disease (COVID-19) outbreak in Bangkok, Thailand, June 9, 2021. REUTERS/Jorge Silva

BANGKOK: Thailand's parliament on Thursday passed a bill to allow the government to borrow an additional 500 billion baht (US$16 billion) to help the tourism-reliant country deal with its latest and worst coronavirus outbreak so far.

The bill passed with 270 votes in favour from a total of 469 members of parliament present.

(US$1 = 31.12 baht)

(Reporting by Orathai Sriring and Satawasin Staporncharnchai; Editing by Ed Davies)

Source: Reuters

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