BANGKOK, April 22 (Reuters) – Thailand’s government has room to borrow up to 500 billion baht ($15.55 billion) by October without raising the public debt ceiling, its finance minister said on Wednesday.
• Thailand’s capital and bond markets, as well as excess liquidity, were sufficient to support government borrowing, Minister Ekniti Nitithanprapas said.
• “If we do not borrow, it would be more dangerous for the economy because GDP would contract,” he told reporters.
• The government will borrow by issuing…
