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Search Result for “decrees”

Showing 1 - 5 of 5

ADVANCED NEWS

New tax on bank deposits

Jon Fernquest, Published on 14/02/2012

» Bank deposit tax hike from 0.4% to 0.47% (0.01% for deposit insurance, 0.46% for lingering 1997 crisis debt). Same tax for state & commercial banks now.

ADVANCED NEWS

Central bank: New revenue hunt

Jon Fernquest, Published on 15/02/2012

» 24 years still likely to pay off FIDF 1997 crisis debt recently shifted to Bank of Thailand in possibly unconstitutional bypassing of parliament by executive decree.

ADVANCED NEWS

Govt vs. Bank of Thailand

Jon Fernquest, Published on 25/01/2012

» Politicians dump 1997 crisis debt on banking sector with tax on bank deposits (govt banks exempt) law made in cabinet, not parliament.

ADVANCED NEWS

Govt debt to disappear

Jon Fernquest, Published on 28/12/2011

» 1.14 trillion baht in govt debt from 1997 crisis to be erased immediately by shifting off balance sheet to Bank of Thailand.

ADVANCED NEWS

Who will payoff 1997 crisis debt?

Jon Fernquest, Published on 01/12/2010

» Loan defaults mushroomed in 1997 and the government has to pay it all back now, but the central bank objects that monetary policy is its rightful job.