OPINION

Reserve tumble doesn't spell fiscal crisis

News, Wichit Chantanusornsiri, Published on 23/02/2017

» The dramatic fall in treasury reserves to 74.9 billion baht last December, the lowest in many years, does not indicate that Thailand is facing a fiscal crisis. However, it does not mean that the Thai government will be immune to fiscal traumas either. Factors that will affect the state's fiscal stability are still out there looming.