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He said the ministry would propose to the cabinet on Tuesday extending the current guarantee programme in light of the global economic crisis.
Fiscal spending would also be increased to help stimulate the domestic economy as exports are projected to slow over the next several quarters.
Under the Deposit Insurance Act passed last August, guarantees on bank deposits would be reduced from mid-2009. Coverage would fall to 100 million baht per customer per bank from August 2009 and to 50 million from August 2010

igan Magistrates Court, job centres, tax offices, Hindley Prison, the driving test centre, and Griffin House benefits centre will be hit in the day-long pay protest by members of the Public and Commercial Services union (PCS).The walk-out, scheduled for November 10, is the latest in a long-running wages battle with the Government who have imposed a below inflation pay offer of 2%.The PCS has also just announced an indefinite overtime ban, signalling the start of a new winter of discontent over pay curbs.The giant Makerfield benefits centre processes claims by jobless and needy families across the north of England, so a walk-out by Wigan workers here will have a national effect.The announcement comes as the NUT is balloting thousands of Wigan teachers for a new series of industrial action which could hit classrooms by Christmas.Wigan branch PCS secretary Steve Finch said today that civil servants were now the 'worst treated' of all public sector workers as the 2% ceiling covered not only pay rises but also annual merit rises.He said that many staff in the Department for Work and Pensions would be receiving a 0% pay rise this year because all the money would go on annual merit rises.In the borough's tax offices the reverse was true, with no money going to merit rises, so everybody would get the 2% rise.He said: 'This treatment is being meted out even though pay rates are extraordinarily low, with one in four of our members earning less than 16,500 a year.'He said that there was now a three week opportunity for the Government to head off the industrial action and listen to warnings on the economic consequences that the squeeze on wages was having.The union wants a 5% rise to keep up with inflation.At September's Trades Union Conference, Chancellor Alistair Darling said that he would look into the imposition of 0%pay rises at the DWP and conceded that the Government was prepared to look at the possibility of relaxing the rules.DWP officials have already conceded that they need to recruit an extra 2,000 staff nationwide in Jobcentres to handle the increasing number of benefit claims due to rising unemployment.A Cabinet Office spokesman said: 'It is very disappointing that PCS members have voted to take industrial action over their pay. 'In the current economic climate we believe it is the wrong action at the wrong time.'We urge the PCS not to carry out their threat of strike action but to continue discussions.

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