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The Confederation of Thai Labour Thursday urged the government to consider seeking a huge loan from the Social Security Office (SSO) for projects that will sustain the country's economy during the ongoing tough time.

"Instead of borrowing Bt70billion from foreign countries, why doesn't the government turn to SSO?" the confederation's Chairman Manas Kosol said.

Currently, the Social Security Fund - managed by SSO  has accumulated cash of over Bt500billion. This year, SSO is scheduled to invest about Bt150billion of the amount in government bonds, state enterprises and more with aim to achieve a return rate of at least five per cent.

Manas believed SSO would be able to give a lower interest rate to the government.

The Nation