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Anusorn Expresses Concern that Public Debt Is on the Verge of Exceeding the Debt Ceiling, Potentially Leading to a Future Fiscal Crisis. He Suggests Addressing Corruption to Help the Government Avoid Incurring Further Debt.
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Anusorn Thammajai, a Bangkok MP from the People's Party, warned at 12:00 PM on June 29th during a debate on the 2027 budget bill, totaling 3.788 trillion baht. He stated that the 2027 budget would result in a 17% increase in interest payments compared to 2026, with 7.7% of the budget being spent on interest. He questioned how much would be left for investment, and further raised concerns that the public debt-to-GDP ratio would reach 69% by 2027.…
·Thailand
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