GENBackground
Thailand public debt heads for 70% cap; planner urges 2-3 years tight budgets
Thailand's public debt is approaching its 70% of GDP ceiling, prompting chief economic planner Danucha Pichayanan to call for 2–3 years of tight budgets. Debt servicing now exceeds ฿400 billion annually, up sharply from pre-Covid levels. No immediate policy changes are announced, but fiscal restraint could affect future infrastructure and social spending.
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