Thailand has traditionally maintained a conservative approach to fiscal policy, with budget deficits and public debt remaining contained prior to the pandemic. Nevertheless, the government’s fiscal response to COVID-19 was substantial, causing deficits to widen sharply between 2020 and 2022, and debt to rise above 60 percent of GDP. As such, over the next few years fiscal consolidation will be required, and fiscal policy will need to balance ongoing...
انظر المزيد
تفاصيل
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2022/6/01
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تقرير
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182329
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1
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2023/5/26
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Disclosed
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Thailand - Public Revenue and Spending Assessment : Promoting an Inclusive and Sustainable Future – Chapter 1 : Ensuring Fiscal Sustainability