41.   Thailand is mired in its worst economic mess in decades, the result of an export slump and troubled financial institutions that lent recklessly to an oversupplied property sector.

42.   The bank may also have the authority to supervise the operations of troubled financial institutions, former Prime Minister Kiichi Miyazawa said, according to Kyodo News.

43.   The government said the emergency decrees would permit regulators to remove managers of troubled institutions quickly and shorten the period before loans are considered non-performing.

44.   The Financial Sector Adjustment Company, known as FINSAC, was set up by the government to assist troubled financial institutions.

45.   The fund is an arm of the Bank of Thailand responsible for bailing out troubled financial institutions reeling under bad debts and the Asian currency crisis.

46.   The government cannot bail out troubled financial institutions by aiding their creditors, Thanong said.

47.   The government last year ordered the finance companies closed, breaking with a tradition of bailing out troubled financial institutions.

48.   The letter requires the government not to bail out any troubled financial institutions by aiding their creditors.

49.   The plan is also expected to include a controversial recommendation that public money be used to bail out troubled institutions, despite evidence in some cases of mismanagement.

50.   The restructuring of troubled financial institutions is a key element of the IMF bailout package.