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Thaipr - 23 days ago

Thailand’s fiscal position poses a risk to a potential credit rating review and efforts needed to accelerate the reduction in fiscal deficit to below -3.0% within 3–5 years

along with structural economic reforms, says KResearch KASIKORN RESEARCH CENTER (KResearch) is of the view that the recent revision of Thailand’s credit rating outlook by a credit rating agency from “Stable” to “Negative”, while affirming the credit rating at BBB+ reflects growing concerns over Thailand’s continuously weakening fiscal position following the COVID-19 crisis. This could [ ] The post Thailand’s fiscal position poses a risk to a potential credit rating review and efforts needed to accelerate the reduction in fiscal deficit to below -3.0% within 3–5 years appeared first on ThaiPR.NET.


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