Public debt to GDP ratio at 55.59% as of July

Public debt to GDP ratio at 55.59% as of July

Thailand's ratio of public debt to gross domestic product (GDP) stood at 55.59% as of July, up from 55.20% in the previous month, the finance ministry said in a statement on Wednesday.

That compares with the current debt ceiling of 60% of GDP, which can be raised if needed, as the country deals with its worst Covid-19 outbreak, according to Finance minister Arkhom Termpittayapaisith.

Do you like the content of this article?

Cracks, mudslide start on tourists' mountain road

PHETCHABUN: Highway officials have warned travellers of cracks in the main road to Phu Thap Boek, a popular mountainous attraction in Lom Kao district, and possible mudslides.


Prayut gives haircut to veteran

UBON RATCHATHANI: Prime Minister Prayut Chan-o-cha spent a moment trimming hair for an army veteran during his trip to inspect the flood situation in this northeastern province on Tuesday.


Deputy House Speaker Supachai hit with encroachment ethics probe

Deputy House Speaker Supachai Phosu is facing an ethics probe in connection with his alleged encroachment on a forest reserve in Nakhon Phanom.