Thai Govt delays purchase of submarines from China

Published on: 

Thailand’s government has decided to delay the purchase of two submarines from China, withdrawing its request to parliament to include the sum for an initial payment in the fiscal year 2021 national budget.

Government spokesman Anucha Burapachaisri announced on Monday that Prime Minister Prayuth Chan-ocha, who concurrently serves as defence minister, had told the navy to delay the 22.5 billion baht (USD 723 million) purchase until fiscal year 2022.

The government had sought to have 3.375 billion baht (USD 108 million ) included in the 2021 budget to cover the first of seven annual installment payments.

Daily Pioneer
dailypioneer.com