th07
Read More

Thailand: Baht boosted by foreign investors

The stronger baht is the result of foreign investors’ confidence in Thailand, says Finance Minister Arkhom Termpittayapaisith. He said the appreciation of the baht is in line with the inflow of capital to the equity and bond markets, coupled with the country’s healthy fiscal stability. Thailand also recorded a high level of foreign tourist arrivals, […]

Read More
th05
Read More

Thailand: Oil Fund borrowing bumps up public debt-to-GDP ratio

Thailand’s public debt-to-GDP ratio rose to 61.4% in fiscal 2023, above an earlier estimate of 60.4%, after the inclusion of the Finance Ministry’s total guarantee for the Oil Fuel Fund’s borrowings — tallying 110 billion baht — in the country’s public debt management plan. Finance Minister Arkhom Termpittayapaisith said a meeting of the ministry’s public debt […]

Read More