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Fitch flags political hurdles to Thailand’s deficit-cut plan and VAT hikes
THURSDAY, FEBRUARY 12, 2026
Fitch says Thailand’s deficit-cut plan relies on politically difficult VAT rises. Officials insist on fiscal discipline as risks to confidence persist.
Fitch: coalition stability to decide Thailand’s credit outlook
WEDNESDAY, FEBRUARY 11, 2026
Fitch says a Bhumjaithai-led coalition could curb post-election disruption, but bargaining may delay fiscal consolidation and pressure Thailand’s rating
Thailand to reduce fiscal deficit to below 3% of GDP by 2029
THURSDAY, NOVEMBER 13, 2025
Finance Minister Ekniti Nitithanprapas reveals that the fiscal policy committee to propose a medium-term fiscal plan to the Cabinet next week, aiming to reduce the deficit below 3% by 2029, with significant deficit reduction in the 2027 budget
ASEAN's Debt Divide: Tracking the Region's Rising Fiscal Burdens
MONDAY, JUNE 02, 2025
Despite its status as a global economic powerhouse, the ASEAN bloc faces a growing public debt challenge post-pandemic, with national fiscal policies and economic structures determining which countries manage to control or reduce their burdens amidst varying growth rate
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
Thai PM Unveils Framework for 3.78 Trillion Baht Budget
WEDNESDAY, JANUARY 15, 2025
Paetongtarn outlines fiscal strategy with focus on efficiency and equitable distribution amid projected 860 billion baht deficit."
Cabinet approves 3.78 trillion baht budget, 860 billion baht deficit
TUESDAY, JANUARY 07, 2025
2026 budget framework formulated in collaboration with four key economic agencies
Government receives six suggestions to minimise financial risks
SATURDAY, JUNE 29, 2024
The Finance Ministry this week presented six suggestions to the government to minimise financial risks and ensure the country’s financial stability, as per the requirement of the State Finance Discipline Act of 2018.
Debt to grow as govt sets 5-year financial plan
FRIDAY, DECEMBER 15, 2023
The government has approved a mid-term financial plan for fiscal 2024-2029 with estimated average gross domestic product (GDP) growth at 5.3% annually, said a news source familiar with the matter on Thursday.
Mounting national debt erodes South Korea's competitiveness: report
TUESDAY, JUNE 20, 2023
South Korea's global competitiveness ranking fell by one notch this year, as the country suffers from an expanding fiscal deficit, a report showed Tuesday.