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News 2026-09-29 08:36 UTC

Thai cabinet approves $37.5 billion borrowing for 2027 fiscal year

Thailand's cabinet has approved 1.26 trillion baht ($37.5 billion) in new borrowing for the 2027 fiscal year starting in October, the finance ministry said on Tuesday.The ministry also said in a statement that the country's public debt ratio was projected to reach 69.7% of GDP by the end of the fis…