Public Debt Will Not Exceed 60% by 2025

1 February 2021
National News Bureau of Thailand
Budget / Pandemics
Covid-19 / fiscal stability / public debt

Thailand’s public debt will not exceed the 60% ceiling rate by 2025 if there is no more borrowing for COVID-19 management.

Finance Minister Arkhom Termpittayapaisith said the government expects to manage the fresh outbreak and there is sufficient capital in government coffers to cushion the impact.

He reiterated fiscal stability will not be affected even if public debt rises above the 60% ceiling rate in case of more borrowing to remedy deteriorating economic conditions.

Keep reading…

 NNT Reporter

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Public Debt Will Not Exceed 60% by 2025

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