


| ADB loans Thailand $1.5B as it edges near debt limit |
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Despite public debt approaching its limit of sustainability, Thailand’s Ministry of Finance denies that the country is on the brink of bankruptcy and will take a further 48 billion baht ($1.5 billion) loan from Manila-based Japanese-led multilateral lender Asian Development Bank (ADB) late this month.
Posted: 2020-08-24 06:54:00
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