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Five Options to Pay Off All Thailand's Foreign Debt.
Byline: Wichit Chantanusornsiri
Jan. 7--The Finance Ministry has outlined five options to repay some $18 billion in foreign debt owed by the government and state enterprises.
Prime Minister Thaksin Shinawatra earlier directed the ministry to seek ways to completely clear foreign debt owed by the government and state enterprises within the next one to three years.
Authorities say that with liquidity plentiful in the local market, domestic interest rates at historic lows and capital inflows expected to remain steady through the year, repaying the country's foreign debt would help reduce costs and exchange risks.
Early debt repayment ...
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Source: HighBeam Research, Five Options to Pay Off All Thailand's Foreign Debt.