The country's ratio of public debt to gross domestic product (GDP) is expected to be 61.3% at the end of September
PHOTO
Thailand's economy is expected to expand more than 4% next year thanks to a recovery in tourism, the finance minister said on Tuesday.
The country's ratio of public debt to gross domestic product (GDP) is expected to be 61.3% at the end of September, down from a previous forecast of 62.76% as GDP increases, Finance Minister Arkhom Termpittayapaisith told reporters.
(Reporting by Kitiphong Thaichareon Writing by Orathai Sriring; Editing by Martin Petty)
Reuters
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
