BANGKOK (Reuters) -Thailand’s credit rating is not a concern due to very low levels of foreign debt, a deputy finance minister said on Friday, adding that the government is now trying to boost the economy to bring “the light at the end of the tunnel”.
The government will accelerate economic stimulus measures to boost liquidity, reduce debt, and address energy supply issues, deputy minister Vorapak Tanyawong also told reporters.
Prime Minister Anutin Charnvirakul’s government will deliver its policy statement on September 29 and 30, marking the start of the new administration.
Efforts are also being made to lay the foundations for fiscal consolidation, including revenue collection, expenditures, and debt management, ensuring discipline, sustainability, and stability, Vorapak said, follow