Public debt at Bt5.39tn in November

business January 30, 2014 00:00

By The Nation

Thailand's public debt slightly rose from Bt5.3 trillion in August to Bt5.393 trillion in November 2013, according to the Public Debt Management Office.

Compared to the previous month, the public debt rose by Bt19.85 billion. The government's direct borrowing and debt of non-financial state enterprises rose by Bt28 billion and Bt2.27 billion, respectively.
As of November, the public debt accounted for 44.65 per cent of the country's gross domestic product (GDP) in August to 45.34 per cent.
Of total, the government's direct borrowing accounted for Bt2.676 trillion in November, compared to Bt2.57 trillion in August. An amount of Bt1.1 trillion is the burden stemming from the Financial Institutions Development Fund's financial rescues.