Thai politics more stable: Moody's
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Moody's Investors Service says Thailand's (Baa1 stable) credit profile balances the strong fiscal position and low external vulnerability, against emerging challenges to the country's competitiveness and moderate political risks. It said political risks had eased over the past couple of years.
Moody's conclusions are contained in its latest credit analysis entitled "Government of Thailand, Baa1 stable," which examines four categories: economic strength, which Moody's assesses as high (-); institutional strength, high (-); fiscal strength, very high; and susceptibility to event risk, moderate.
Moody's noted that the report constitutes an annual update to investors and is not a rating action.
