Thailand no longer has a fiscal buffer to contain rising public debt, making it necessary to accelerate reforms for both the economy and the public sector to lift economic growth closer to its full potential, according to the Finance Ministry.

The Thai government has unveiled a 3.788 trillion baht ($110 billion) budget for fiscal 2027, maintaining a 788 billion baht deficit as it prioritizes economic support over rapid…

Thailand no longer has a fiscal buffer to contain rising public debt, making it necessary to accelerate reforms for both the economy and the public sector to lift economic growth…