Borrowing for fiscal 2026 set at B1.2tn

Government seeks to control costs

- WICHIT CHANTANUSORNSIRI

The government plans new borrowing totalling 1.2 trillion baht for fiscal 2026, a slight decrease from 1.22 trillion in fiscal 2025.

According to a Finance Ministry source who requested anonymity, the government and state-owned enterprises’ new borrowing plan of 1.2 trillion baht is divided into six parts.

First, borrowing to compensate for the budget deficit, amounting to 860 billion baht, in accordance with the Public Debt Management Act. Under this act, borrowing may not exceed 20% of total budget expenditures for that fiscal year, plus up to 80% of expenditures earmarked for debt principal repayment.