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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 ...
Chatrudee Theparat
Mega-projects to hike public debt
Rising government spending on mega-projects, which are deemed crucial to economic growth, will further increase the country’s public debt, economists said with some asking the military to be more efficient in its spending.Keep reading ...
Wichit Chaitrong