{"id":12486,"date":"2025-08-20T22:21:17","date_gmt":"2025-08-20T22:21:17","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/12486\/"},"modified":"2025-08-20T22:21:17","modified_gmt":"2025-08-20T22:21:17","slug":"thailands-fiscal-stability-under-threat-government-report-finds","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/12486\/","title":{"rendered":"Thailand&#8217;s Fiscal Stability Under Threat, Government Report Finds"},"content":{"rendered":"<p>\u00a0<\/p>\n<p>Thailand is facing growing fiscal risks, with a key government body warning that the nation&#8217;s ability to service its debt is weakening.<\/p>\n<p>\u00a0<\/p>\n<p>According to a report by the <strong>National Economic and Social Development Council (NESDC)<\/strong>, the ratio of interest payments to government revenue is on track to exceed 12% by 2027\u2014a level that could trigger a downgrade to Thailand&#8217;s credit rating.<\/p>\n<p>\u00a0<\/p>\n<p>The NESDC&#8217;s report, released as part of its economic outlook for Q2 2025, highlighted the importance of this metric for international credit rating agencies.<\/p>\n<p>\u00a0<\/p>\n<p>A downgrade to a non-investment grade could make borrowing more expensive for the country and potentially signal to investors that its economy is a riskier bet.<\/p>\n<p>\u00a0<\/p>\n<p>To address this mounting concern, the NESDC recommends that the government dedicate a larger portion of its budget to repaying the principal on its loans, particularly the significant debt accumulated during the COVID-19 pandemic.<\/p>\n<p>\u00a0<\/p>\n<p>This would not only improve the country&#8217;s debt-servicing capacity but also create more fiscal space for future economic policies.<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"\u00a0 Thailand is facing growing fiscal risks, with a key government body warning that the nation&#8217;s ability to&hellip;\n","protected":false},"author":2,"featured_media":12487,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[79,11831,179,18,11832,19,17,11834,11833,11835,391],"class_list":{"0":"post-12486","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-debt-crisis","10":"tag-economy","11":"tag-eire","12":"tag-fiscal","13":"tag-ie","14":"tag-ireland","15":"tag-nesdc","16":"tag-stability","17":"tag-thai-economy","18":"tag-thailand"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/12486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=12486"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/12486\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/12487"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=12486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=12486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=12486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}