Thailand slashes GDP forecast as 3.78tn baht budget pushes debt toward ceiling
Economy

Thailand slashes GDP forecast as 3.78tn baht budget pushes debt toward ceiling

Thailand's public debt is projected to reach 69.36% of GDP by 2027, nearing the 70% statutory ceiling. The government is now reallocating unspent budget funds to support vulnerable groups and invest in AI skills and renewable energy.

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