This year, the subject of issuing dollar bonds has been ruled out.

Quick Summary:

The government has no plans currently to issue dollar bonds overseas this year as it is still studying the issue while waiting for a clearer market direction, a Ministry of Finance official said on Thursday.

That compares with the official debt ceiling of 70%.

Ms Jindarat also said the ratio of public debt to gross domestic product was expected to rise to 65.03% at the end of the 2024 fiscal year on Sept 30, from 63.37% at the end of March.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Jindarat 2024 Ratio Year Issue Bonds Debt Ministry Public Official Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-09 @ 16:57:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 215 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 20922619

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Official Website: bangkokpost.com

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