Public debts dropped to 5.92 trillion baht as of Dec 31

[snoop1130]

Public debts dropped to 5.92 trillion baht as of Dec 31

 

 

Thailand’s public debts as of December 31 amounted to 5.92 trillion baht, constituting 42.19 percent of gross domestic products, according to Mr Thirat Attanavanich, advisor of debt instruments of Public Debts Office.

 

The 5.92 trillion baht in public debts are made up of 4.45 trillion baht of government debts, 15.1 billion baht less from debts registered one month earlier; public debts of state enterprise which are not financial institutes amounted to 977 billion baht, representing a drop of 1.9 billion baht from a month earlier.

 

Debts of state enterprises which are financial institutes amounted to 466 billion baht, a drop of 4.4 billion baht and debts of state agencies amounted 19.5 billion baht, 957 million baht less.

 

Full Story: http://englishnews.thaipbs.or.th/public-debts-dropped-5-92-trillion-baht-dec-31/

 

-- © Copyright Thai PBS 2017-2-24

[Ulic]

What will it be after the submarines, high speed rail network, fighter jets, tanks and any other

populist programs a signed off on. As exports/tourism decline the GDP debt ratio will quickly

climb. Maybe it will be one final spending spree before the baht is devalued. I have my fingers

crossed.

[Assurancetourix]

16 hours ago, snoop1130 said:

a drop of ...

Autosuggestion  5555 ; I'm like ulic, waiting for the devaluation of the baht...and hoping it will arrive soon, euro is weak  since a month and maybe will die after french elections ...april 23 and may 7 ...

 

https://en.wikipedia.org/wiki/Autosuggestion

[Srikcir]

16 hours ago, snoop1130 said:

Public debts dropped to 5.92 trillion baht as of Dec 31

Why?

Some T-bills matured (to be replace with new T-bills?), an accounting or seasonal anomaly, currency adjustment, etc.?

As the Prayut government never lets good economic news go unnoticed, the absence of government credit for this announcement seems to imply that the government had no control over such results.

[Brer Fox]

For those who enjoy being mesmerized by numbers try this.

 

http://www.nationaldebtclocks.org/debtclock/thailand

 

Why the difference in numbers is anybody's guess. Perhaps the clock needs new batteries.

Total public debt 5.92 trillion baht.  

Net government debt 4.45 trillion baht.

The National Debt Clock 4.94 trillion baht.