Browsing Tag

debt

23 posts
2eca9b2e 20baht

Thailand to sell 60 billion baht ($1.67 bln) of government bonds

Thailand’s public debt at the end of September was 10.37 trillion baht, or 60.41% of GDP, while the legal ceiling is set at 70%.
moodys flare

Stable outlook for APAC sovereigns as growth rebounds and debt stabilizes

Economic growth rates in Asia-Pacific are broadly rebounding and debt burdens stabilizing, giving rise to a stable outlook for sovereign creditworthiness in 2022. Still, the pace of recovery differs vastly, and some economies will experience deep economic scarring, according to a new report by Moody’s Investors Service.
logomain

More than half of Thailand’s household debt is good debt says Finance Ministry

The COVID-19 situation caused the economy to contract in 2020, raising the level of household debt against gross domestic product (GDP) to 86.6 percent in the third quarter of last year.
debt to GDP

Thailand’s Public debt to GDP ratio within framework says Finance Minister

Currently, Thailand’s ratio of public debt to gross domestic product (GDP) stands at 49.34 percent, which is below the Fiscal Sustainability Framework set at 60 percent.
credit cards

Bank of Thailand extends debt repayment and interest reduction measures

As of September this year, the Debt Clinic project has helped some 8,300 card debtors. On average, each debtor has three cards, carrying a debt of about 240,000 baht each.
waveofdebt

A Covid-19 debt shock in Asia?

The two largest Asian economies, China and Japan, have some of the highest levels of debt in the world, at the end of 2017 Japan’s total debt stood at 395 per cent of GDP and China’s at 254 per cent. But there are some significant differences in their debt composition.