Page 55 - Annual Report 2552

Table 2 : Reduction of Outstanding Debt and Debt Services as a Result of Pro-active
Debt Management
Unit: Million Baht

Reduction of Outstanding Debt Reduction of Debt Services

Domestic Debt 53,828.52 1,132.27

Government 43,700.52 1,132.27

SOE 10,128.00 -

External Debt 1,459.70 74.42

Government 1,459.70 74.42

SOE - -

Total 55,288.22 1,206.69

2. Domestic Debt Management
2.1 New Borrowing:
1) Government New Borrowing

PDMO acquired necessary funds to finance the government expenditure and support Stimulus
Package 2. The details of the government’s new domestic borrowings in FY 2009 are as follows.

• Borrowed 441,060.52 million Baht to finance budget deficit and revenue shortfall, through
the issuance of 230,530 million Baht of government bonds, 30,000 million Baht of saving bonds,

27,530.52 million Baht of Promissory Note (PN) and 153,000 million Baht of Treasury Bills (T-bill).
• Through the Emergency Decree, Ministry of Finance issued 5-year saving bonds, total amount of

50,000 million Baht, to provide more liquidity in the treasury reserve and signed Term Loans with 4 financial
institutions, total amount of 30,000 million Baht, to finance projects under Stimulus Package 2.

2) State Own Enterprises’ New Borrowing
PDMO acquired necessary financial sources with appropriate cost and conditions to SOEs in

order to continuously implement several projects. In the FY 2009, SOEs borrowed 213,447.85 million Baht for
project investment, operational and other expenses. The major projects are Ramintra Outer Ring Expressway

and Bangpre Suksawad Expressway by Expressway Authority of Thailand, Suvarnabhumi Airport Link
by State Railway of Thailand, credit allocation for crop insurance program by Bank for Agriculture and

Agricultural Co-operatives, and energy sector investments by Metropolitan Electricity Authority, Provincial
Electricity Authority and Electricity Generating Authority of Thailand.

54 รายงานประจำาปี 2552 ANNUAL REPORT 2009