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Unpacking the debt-to-GDP ratio
Business, Wichit Chantanusornsiri, Published on 29/03/2025
» The Pheu Thai Party-led government has pursued aggressive fiscal policies, building on the work of the previous administration led by Gen Prayut Chan-o-cha, which navigated the challenges of the Covid-19 pandemic. During Gen Prayut's tenure, two special emergency loan decrees were enacted, resulting in total borrowing of 1.5 trillion baht and prompting an increase in the public debt ceiling from 60% to 70% of GDP.
Use tech to tackle debt, says BoT
Business, Wichit Chantanusornsiri, Published on 14/09/2021
» Digital technology should be used to tackle household debt and make it easier for small and medium-sized enterprises (SMEs) to access loans, said Bank of Thailand governor Sethaput Suthiwartnarueput.