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Fears mount over rising government debt levels
Bangkok Post
|August 26, 2025
The Finance Ministry is keeping a close eye on the government's public debt level in fiscal year 2026, which may hit the ceiling of 70% of GDP due to the slowing economy.
According to a source from the Finance Ministry who requested anonymity, at the third meeting of the Public Debt Policy and Supervision Committee for 2025, chaired by Finance Minister Pichai Chunhavajira, the committee approved the Public Debt Management Plan for fiscal year 2026.
Overall, the framework is largely in line with the 2025 plan. For 2026, new borrowing is projected at around 1.2 trillion baht, existing debt management at about 1.7 trillion baht, and debt repayment at over 400 billion baht.
This story is from the August 26, 2025 edition of Bangkok Post.
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