Public debt at 43.46% of GDP
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Thailand's public debt in April rose by Bt45.19 billion from the previous month to Bt5.776 trillion, according to the Public Debt Management Office.
The public debt at the end of April accounted for 43.46 per cent of gross domestic product.
Of the total increased amount, the government borrowed Bt42 billion to replenish the budget deficit. It also borrowed Bt1.4 billion to finance rail projects.
Of total public debt, the obligations to local institutions accounted for Bt5.43 trillion or 94.03 per cent.
Only Bt345 billion (US$10.4 billion) belongs to foreign creditors. It represented 6.46 per cent of Thailand's foreign reserves, which stood at $161 billion at the end of April.
