The Royal Gazette publishes the announcement that the Thai public debt will increase 7.8 trillion baht.



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Government Gazette -

On November 27, the website of the Government Gazette published Announcement from the Ministry of Finance on Report on the status of public debt as of September 30, 2020 and list of loans and guarantees Between April 2020 and September 2020, with the Public Debt Management Act of 2005 and its amendments, Section 16, paragraph two, requires the Ministry of Finance to summarize the public debt situation report and publish it in the Official Gazette within sixty days after the expiration date. March and September of each year The report must show the public debt derived from loans and guarantees at the end of the month. This includes new loans and guarantees that are emerging in the period between October and March. And from April to September As of September 30, 2020, the Ministry of Finance requests a public debt report and a list of loans and guarantees. Between April 2020 and September 2020

As of September 30, 2020, the outstanding public debt as of September 30, 2020 amounted to 7,848,155.88 million baht or 49.34 percent of gross domestic product (GDP). The government owes 6,734,881.76 million baht, the debt of state-owned companies 795,980.29 million baht. Asset management business AND credit insurance business (Government Guarantees) amounts to 309,472.36 million baht and other government agencies debt of 7,821.47 million baht.

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