Jindarat Viriyataveekul

Director-General, Public Debt Management Office

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Thai cabinet approves new borrowing as public debt nears 70% ceiling

Overseeing fiscal 2027 borrowing strategy

Thailand's cabinet approved 1.26 trillion baht ($37.5 billion) in new borrowing for the fiscal year starting October 1. The plan puts public debt on track to hit 69.7% of gross domestic product, less than a point under the legal ceiling of 70%.

Updated 2 hours ago