The Ministry of Finance increases the government debt‑service‑to‑revenue ceiling from 35% to 50%, reflecting rising fiscal risks.
- The Cabinet approved raising the ceiling for the government's debt‑service‑to‑projected‑revenue ratio from 35% to 50%. This ratio is one of the five key fiscal indicators that are designed to maintain public debt at a sustainable level.
- In FY2024/25 (B.E. 2567), the government's debt‑service‑to‑projected‑revenue ratio stands at 35.14%. The government's debt‑servicing burden is expected to continue rising due to the repayments of borrowings incurred during the COVID‑19 period that are now coming due.
- The rising debt burden represents a fiscal risk and will be closely monitored by credit rating agencies going forward.
Scan QR Code
Annotation
This research paper is published for general public. It is made up of various sources. Trustworthy, but the company can not authenticate. reliability The information may be changed at any time without prior notice. Data users need to be careful about the use of information. The Company will not be liable to any user or person for any damages arising from such use. The information in this report does not constitute an offer. Or advice on business decisions Anyhow.