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News Forum - Government’s debt hike prompts caution from agencies


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Ratings agencies issued cautionary statements following the surprise decision this week by the government to increase its debt in a bid to stimulate the economy. The move, which may compromise the government’s fiscal consolidation efforts, is likely to stimulate short-term growth. The medium-term budget plan was revised by the Cabinet on Tuesday, causing a rise … …

The story Government’s debt hike prompts caution from agencies as seen on Thaiger News.

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