Showing 1 - 8 of 8
Fiscal deficit will trigger 2026 crisis
Oped, Chartchai Parasuk, Published on 19/02/2026
» If readers want to be fully convinced that there will be a financial crisis in 2026, I can do that in three minutes. Readers need only look at the last two columns of the attached table, which depict the financing situation of the Thai economy in 2025 (actual) and 2026 (projected).
Making Cambodia pay for border row
Oped, Chartchai Parasuk, Published on 02/10/2025
» What I am covering today is a sensitive issue that all economic research houses, both government and private, avoid talking about. That is the economic impact of the border dispute between Thailand and Cambodia.
Financing FY 2026 deficit will fall short
News, Chartchai Parasuk, Published on 12/06/2025
» My message is short, loud and clear. There will not be enough money to finance FY 2026's 860 billion baht budget deficit. Without enough money, the budget will collapse and take the economy down with it. The government is learning the bitter lesson of drying up finance sources now, but budget financing will be in crisis in the 2026 fiscal year.
GDP figures don't reflect real situation
Oped, Chartchai Parasuk, Published on 26/12/2024
» This article is the last for 2024. I have made many bad predictions about the Thai economy throughout the year. Many became true, like the contracting credit market, the NPL explosion, and an ineffective cash handout programme. Many have not become true (or have they?). One was GDP growth. Instead of shrinking as I predicted, GDP growth rates improved from quarter to quarter. They were 1.6% for Q1, 2.2% for Q2, and 3.0% for Q3. And it is expected to be 3.5% for Q4 to fulfil the annual 2.6% growth projection.
Zombie banking deepens economic woes
News, Chartchai Parasuk, Published on 19/09/2024
» This is the second of three articles, following the earlier article "Problems with Dr Thaksin's Visions". The series will end with an article titled "Call for a paradigm shift".
Govt, BoT spat may not be economic
Oped, Chartchai Parasuk, Published on 09/05/2024
» The row between the government and the Bank of Thailand (BoT) over its "high" interest rate is all over the news. Many have started questioning the appropriateness of the central bank's independence.
Reviving Thai economy is a tall order
Oped, Chartchai Parasuk, Published on 27/07/2023
» By the time readers read this article, Thailand still does not have a real government. But judging from the game being played, it is not too hard to guess which party will lead a new government.
Part 1: The country needs to change
Oped, Chartchai Parasuk, Published on 09/03/2023
» Before I start the article, I would like to report that Thailand's economic performance in January 2023 was no better than the last quarter of 2022, when GDP growth was merely 1.4%.