Move Forward Party leader Pita Limjaroenrat poses for pictures when he announced the election victory of his party at its head office on May 15. (Photo: Somchai Poomlard)
The stock market will be gripped by panic if the new government is “addicted to budget deficits”, raising doubts about fiscal sustainability, says Kiatnakin Phatra Securities (KKP).
KKP chief economist Pipat Luengnaruemitchai expressed concerns about the country’s fiscal outlook if politicians and the government allocate excessive expenditure. Without a clear financing plan, this could cause fiscal sustainability problems in the long run.
“Thailand is about to have a new government. Political parties have proposed policies that use quite a lot of money,” Mr…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
