Public debt capped at 50% of GDP for fiscal 2021-24

The government vows to cap the ratio of public debt to GDP at 50% in the medium-term fiscal plan for 2021-24.

The Monetary and Fiscal Policy Committee, chaired by Prime Minister Prayut Chan-o-cha, on Thursday approved the medium-term fiscal policy framework as required by the Fiscal Responsibility Act.

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Chatrudee Theparat