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Search Result for “public debt”

Showing 91 - 100 of 6,415

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GENERAL

Rise in state debt won't crowd out private sector - Finance Ministry

Bloomberg News, Published on 04/07/2024

» Thailand has ample enough liquidity to handle a rise in government borrowing to fund the budget deficit and an almost US$14 billion cash handout, said Finance Ministry's public debt advisor Jindarat Viriyataveekul.

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GENERAL

Ministry preps stimulus measures

Business, Wichit Chantanusornsiri, Published on 04/07/2024

» The Finance Ministry is quickly preparing a proposal to the cabinet for soft loan and tax measures to stimulate investment, says Deputy Finance Minister Paopoom Rojanasakul.

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GENERAL

World Bank urges govt to invest in infrastructure, green economy

Somruedi Banchongduang, Published on 04/07/2024

» The World Bank has advised the Thai government to boost investment in reviving ageing infrastructure and strengthening the green economy, to help drive the country's economic potential beyond 2.7% growth in the medium term.

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GENERAL

World Bank cuts Thai outlook to 2.4% on weaker exports

Reuters, Published on 03/07/2024

» Thailand's economy is expected to grow 2.4% this year, down from the 2.8% expansion projected in April, largely due to weaker-than-expected exports and public investment early in the year, the World Bank said on Wednesday.

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GENERAL

Cabinet approves additional B276bn in borrowing

Published on 02/07/2024

» The cabinet has approved an additional 276 billion baht in borrowing for the 2024 fiscal 2024, of which 269 billion is for direct government use as well as funds for state enterprises to restructure debt.

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GENERAL

Do subsidies affect consumption?

Business, Published on 01/07/2024

» Government attempts to limit energy prices in Thailand may please the public in the short term, but they are raising concerns about fuel consumption over the long term.

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GENERAL

Agencies deem Eastern Corridor crucial for Thai industry

Business, Wichit Chantanusornsiri, Published on 01/07/2024

» Credit rating agencies are emphasising the importance of the government's flagship Eastern Economic Corridor (EEC) project, which is crucial for advancing Thailand's industrial sector and enhancing competitiveness, according to the Public Debt Management Office (PDMO).

GENERAL

After tightening, others must step up

Business, Published on 01/07/2024

» Central banks around the world have shown they can take forceful action to head off the most dramatic increase in inflation in a generation. They have taken steps to protect the purchasing power of people and businesses. Although the last mile to return to price stability is not yet complete, the end is well in sight.

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INVESTMENT

Asian shares on track for fifth month of gains

Business, Published on 29/06/2024

» RECAP: Asian stocks were on track for a fifth straight month of gains on Friday, bolstered by a growing view that cooling US inflation could prompt the Federal Reserve to ease interest rates this year, while the yen tumbled to a 38-year low against the dollar.

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OPINION

Harnessing Thailand's human capital

News, Peerasit Kamnuansilpa, Published on 28/06/2024

» Thailand is currently on a distressing trajectory towards depopulation, with the number of deaths each year surpassing the number of births. The latest available data from the Department of Provincial Administration paints a grim picture, showing over 48,000 more deaths than births last year. This number is set to escalate as the number of births continues to plummet and death rates surge. Should the current trend persist, by 2083, Thailand's population is projected to shrink by half to 33 million. The leading cause of this demographic dynamic is the decline in fertility rates among Thai women. These declining fertility rates have severe repercussions and thus warrant the attention and actions of national leaders.