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Govt weighs THB500bn emergency borrowing amid mixed signals
MONDAY, APRIL 20, 2026
Pakorn Nilprapunt says an Emergency Decree is under consideration to brace for war risks, tight Treasury reserves and Super El Niño, while finance officials say no borrowing order has been issued.
Thailand may raise debt ceiling to 75% and issue emergency borrowing decree to fund crisis measures
MONDAY, APRIL 20, 2026
Government House sources say the PM has ordered a major review of the 2026 budget, with options including a six-figure-billion-baht borrowing decree and raising the public debt ceiling to 75% to fund energy support and cost-of-living measures.
IMF advises Thailand to reinstate 60% debt ceiling
MONDAY, SEPTEMBER 22, 2025
The IMF has recommended that Thailand reduce public debt to below 60% of GDP over the medium term and reinstate the 60% ceiling to preserve fiscal space for future crises.
TDRI warns against raising Thailand's public debt ceiling above 70%
TUESDAY, FEBRUARY 11, 2025
Think tank cautions debt expansion would be short-term stimulus measure that fails to address underlying economic challenges
Pichai: Now is not the time to raise public debt ceiling
MONDAY, FEBRUARY 10, 2025
Finance Minister Pichai Chunhavajira says raising the public debt ceiling is not yet necessary, stressing it would be a last resort. He emphasised improving budget management and tax collection as priorities before considering any increase in debt levels.
US debt ceiling bill passes House with broad bipartisan support
THURSDAY, JUNE 01, 2023
A divided US House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with majority support from both Democrats and Republicans to overcome opposition led by hardline conservatives and avoid a catastrophic default.
Republican McCarthy secures his position with debt ceiling win
THURSDAY, JUNE 01, 2023
Speaker of the US House of Representatives Kevin McCarthy celebrated "one of the best nights" since becoming a member of Congress on Wednesday, after navigating fierce hardline opposition to pass a debt ceiling bill containing federal spending limits that President Joe Biden vowed to resist.
Republicans and Democrats vow to support debt ceiling 'compromise'
THURSDAY, JUNE 01, 2023
The US House of Representatives is due to vote on Wednesday on a bill to lift the government's $31.4 trillion debt ceiling, a critical step to avoid a destabilizing default that could come early next week without congressional action.
McCarthy defends debt deal amid pushback from hardline Republicans
WEDNESDAY, MAY 31, 2023
Top congressional Republican Kevin McCarthy on Tuesday urged reluctant members of his party to support a bipartisan deal to lift the $31.4 trillion US debt ceiling and avoid a catastrophic default.
McCarthy, Biden predict Congress will pass debt ceiling deal
MONDAY, MAY 29, 2023
US House Speaker Kevin McCarthy predicted on Sunday that a majority of his fellow Republicans would support the deal to suspend the $31.4 trillion debt ceiling that he negotiated at the weekend with President Joe Biden.
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