Thailand's Public Debt In July Is Recorded At 3.26 Trillion Baht

Thailand's public debt in July is recorded at 3.26 trillion baht

Thailand’s public debt at the end of July stood at 3.26 trillion baht, or 41% of the country’s GDP, and a reduction of 3.7 billion baht from that of June, according to the Public Debt Management Office (PDMO).

Of this amount, 1.9 trillion baht was debt owed by the government, 900 billion baht by state enterprises which are not financial institutions and 300 billion baht by the Financial Institutions Development Fund, PDMO said.

The government has already borrowed 170 billion baht in the first 11 months of the 2006 fiscal year, mostly by the Finance Ministry, PDMO said.

Source: Thai National News Bureau Public Relations Department - 23 September 2006