TDRI backs VAT rise to 8.5% to help fix Thailand’s budget deficit TDRI backs VAT rise to 8.5% to help fix Thailand’s budget deficit
SATURDAY, NOVEMBER 22, 2025
A senior TDRI economist supports raising VAT from 7% to 8.5% in 2028 and to 10% in 2030, saying the government should act immediately to rebalance the deficit and strengthen long-term fiscal stability.