BANGKOK : Thailand's ratio of public debt to gross domestic product stood at 55.59per cent as of July, up from 55.20per cent in the previous month, the finance ministry said in a statement on Wednesday.
That compares with the current debt ceiling of 60per cent of GDP, which can be raised if needed, as the country deals with its worst COVID-19 outbreak, according to Finance minister Arkhom Termpittayapaisith.
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