Thailand to boost borrowing by 8% to $78 billion

Quick Summary:

Thailand plans to raise government borrowing by about 8% in the fiscal year starting October to aid economic growth, according to people familiar with the matter.

The government had targeted a 7.6% increase in borrowing for the current fiscal year.

A commuter boat cruises along the Chao Phraya River past the iconic Wat Arun Ratchawararam Ratchawaramahawihan, or Temple of Dawn, Bangkok, on Sept 8, 2024.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Plans Year Baht Billion People Government Bangkok Borrowing Debt Fiscal Public

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 10:44:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 434 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 28 words per sentence (average)

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

Copyright Owner: © Bangkok Post

News ID: 22558262

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 16 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 6 hours ago

Coverage Areas: Thailand

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #66

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