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News Forum - Thailand’s fiscal position geared to absorb potential economic shocks


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According to Pornchai Thiraveja, the director-general of the Fiscal Policy Office, Thailand’s robust fiscal position is well-equipped to buffer any potential economic shocks. The country boasts a fiscal space substantial enough to absorb crises equating to 10% of the GDP. The Thai financial institutions are stable economically, with a 19.9% Bank for International Settlements ratio, … …

The story Thailand’s fiscal position geared to absorb potential economic shocks as seen on Thaiger News.

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