Thailand's Former Prime Minister Advocates for Public Debt Ceiling Increase

Former Thai Prime Minister Srettha Thavisin has urged the government to raise the public debt ceiling to mitigate the economic impact of the Middle East conflict and stimulate long-term growth. Bloomberg posted on X, highlighting Thavisin's concerns about the current economic challenges facing Thailand. He emphasized the need for strategic financial measures to ensure economic stability and growth in the face of external geopolitical tensions. Thavisin's proposal aims to provide the government with more fiscal flexibility to address these challenges effectively.