Debt Hike a 'Last Resort'
4 Articles
4 Articles
Debt hike a 'last resort'
Raising the public debt ceiling or issuing emergency borrowing decrees will be considered as a "last resort", only if global volatility persists and domestic fiscal resources prove insufficient, Finance Minister Ekniti Nitithanprapas says.
Deputy Prime Minister and Finance Minister Ekniti confirmed that the public debt ceiling remains at 70% and will not be raised. He also stated that discussions on the 2027 budget have been completed, adhering to the original principle.
Ekniti confirms public debt ceiling remains at 70%, reveals budget discussions are complete and adhere to the original principle. At 1:40 PM on April 22, 2026, at Government House, Deputy Prime Minister and Minister of Finance Ekniti Nitithanprapas gave an interview regarding the results of the meeting to consider the 2027 budget framework. He stated that there were issues involving four agencies and the budget matter was finalized. We are still…
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