No indication for rating cut: Kittiratt

TUESDAY, JULY 16, 2013
No indication for rating cut: Kittiratt

There is no indication that Moody's Investors Service may lower Thailand's sovereign rating, said Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong.

 
 
After the discussion with Moody's executives on Tuesday, he said topics discussed covered mostly the regional economic outlook as well as sovereign rating outlook. Kittiratt also showed the commitment that Thailand would achieve the balanced budget in 2017 as planned.  
There is no indication that the rating agency would cut Thailand's rating, he said.