Public debts for July increased seven billion baht from June's

[webfact]

Public debts for July increased seven billion baht from June’s



BANGKOK: -- Outstanding public debts for the month of July increased 7,153 million baht from the June’s figures largely due to the reimbursements of 15 billion baht loan by the Sugarcane and Sugar Fund.

According to Ms Chularat Sutheethorn, director of Public Debts Management Office, the outstanding public debts for July stood at 5.66 trillion baht constituting 46.85 percent of GDP.

The entire public debts are divided into 3.92 trillion baht debts incurred by the government, 1.09 trillion baht public debts of state enterprises which are not financial institutions, 620 billion baht incurred by state enterprises which are financial institutions and 17.8 billion baht incurred by other state enterprises.

Government’s public debts declined by 8,665 million baht in July while public debts incurred by non-financial state enterprises increased by2,066 million baht whereas public debts incurred by state financial institutions dropped by 421 million baht.

Source: http://englishnews.thaipbs.or.th/public-debts-july-increased-seven-billion-baht-junes/


-- Thai PBS 2014-09-09

[kalbo123]

Maybe they needed new bomb detectors?

[NCFC]

Imagine if this happened during Yingluck's tenure. TV would be in meltdown by now.

But then populist policies don't come cheap and I'm feeling the love already.

Sent from my iPhone using Thaivisa Connect Thailand

[Thai at Heart]

That is rising pretty quickly.

Those tax cuts for companies are looking more and more short sighted by the day. They are going to put up VaT next, surely.

[naboo]

Risen by 100B a person given a population of 71 million. About 1% of GDP a year. Fairly insignificant, but big numbers make easy headlines.

[Thai at Heart]

Risen by 100B a person given a population of 71 million. About 1% of GDP a year. Fairly insignificant, but big numbers make easy headlines.

Well in 2012 it was 40%, so its way up in two years.

That in and of itself isn't the issue, it is what anyone thinks is a reasonable level

[trogers]

This is just the sugarcane fund. How many more billions will have to be taken into account from the rice buying fund in the near future?

[pattayasnowman]

46 % thats peanuts does not even put Thailand in the top 50 countries of public debt to GDP

Try Japaan 229.8% Greece 163%

UK 80% but when you factor in household, finacial and non finacial is a stagering 490% 2nd only to Japans 500%