urgent!!! Thailand’s debt, Big Tu government has already exceeded 10 trillion baht.

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urgent!!! Thailand’s debt, Big Tu government has already exceeded 10 trillion baht.

Date 19 June 2022 time 18:15

urgent!!! Thailand’s debt, the Big Tu government, has exceeded 10 trillion baht, more than 60% of GDP.

Ministry of Finance Thailand’s public debt status report, as of April 30, 2022, debt amounted to 10,046,605 million baht, representing 60.81% of GDP compared to the previous month. Public debt increased by 80 billion baht, while the previous month’s public debt stood at 9,951,962 million baht, or 60.58 percent of GDP.

Public debt for the first 7 months of fiscal year 2022 (Oct. 2021-Apr.) 2022) There is a loan to compensate for the budget deficit. and debt management up to 6,064,075 million baht

In addition, the amount of loans under the Coronavirus Disease (COVID-19) Act B.E. More COVID-19, 2021, 398,166 million baht has been recovered, close to the full amount of 500 billion baht. The loan must be borrowed by the end of the fiscal year 2022.

Previously, Mr. Arkhom Termpittayapaisith, Minister of Finance, revealed that from the expectation that there is no law to incur additional debt Thai public debt at the end of fiscal year 2022 will be approximately 62% of GDP, although there are still approximately 8% of borrowing spaces within the framework of an increase in the debt ceiling to 70%, but debt has to be used to generate benefits. economic as much as possible

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