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Public debt rises to 39.93% of GDP

  • Published: 27/04/2009 at 02:41 PM
  • Online news: Breakingnews

Thailand's public debt at the end of February 2009 amounted to 3.59 trillion baht or 39.93 per cent of the gross domestic product (GDP), Public Debt Management Office director-general Pongpanu Svetarundra said on Monday.

Of the total amount, 2.28 trillion baht were direct government borrowings, 1.014 trillion baht were debts for non-state financial institutions, and 182.43 billion baht were debts for state financial institutions.

Debts for funding the restoration and development of financial institutions stood at 110.52 billion baht, while debts for other state enterprises were 3.68 billion baht.

When compared to January, the public debt rose by 73.77 billion baht.

The increase of public debts was mainly due to the rising direct government borrowings and debts for state financial institutions.

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