Showing 1 - 2 of 2
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.
Unpacking the Top-Up Tax law
Business, Wichit Chantanusornsiri, Published on 11/01/2025
» The Top-Up Tax law is now being enforced in Thailand following its publication in the Royal Gazette.