3% Deficit

Dec 27,2022 Scribbled Underline Contact Us

[{"selector":"#anim-3b555ca5-c97e-4c7d-9b69-92886332efde [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-88023da5-6cf3-4b83-9230-b079adc5fe41","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-96ac9785-bdd1-42da-9f66-c607ad1f6496","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Thailand this time fixed only 3% of GDP amount as a budget deficit for the Financial year 2024

[{"selector":"#anim-3dae5f92-9976-45db-96a7-8a0c482ce710 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.235557413836577%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-48fd41d3-9b41-4ed6-80a0-4c5996dc175f","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0a949a16-faa2-4fe3-a715-735dc2271079","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] This 3% budget deficit consists an amount of more than $ 17 billion for Thailand

[{"selector":"#anim-ac12543a-d161-479a-9e24-c2aafe96cb41 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.782497457937382%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-9ceff542-f941-41fd-9d45-7b40109a0aae","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-beab98b7-44d1-481f-860a-b4fb8e0f4fa1","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The government is taking care of inflation and recession in its deficit amount

[{"selector":"#anim-b5602c84-cdfa-47ba-b341-cc157015dfa9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-4205917b-67b3-4b90-bc4b-6937c7cccb34","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-66aa258f-a88c-4f2f-9674-7a5071b06561","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Currently in Thailand, the inflation is around 5.5% and the Bank of Thailand is increasing its interest rate.

[{"selector":"#anim-c35d3088-9498-4d69-9d89-b0405e63e5a8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.812499744007886%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-fab7afa8-c5d6-42d6-ad3f-a8f36b7d611f","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-9883197e-eedc-4571-a129-43541cf6a564","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The economist expected that Thailand will further increase its interest rate in 2023

[{"selector":"#anim-c0518ce0-daf1-4b1c-85aa-bb460d4c7f20 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-14.8394598232549%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-4b4fa063-addf-4577-a83a-b935eaa563ff","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-f1b2efa2-6f7d-4fe7-ae4d-52cd68e0eee5","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Thailand earns major of its earnings from tourists and its trade and its public debt is around 61% of its GDP

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[{"selector":"#anim-a30eb99e-8ea1-457e-8d51-62ce8b63827b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-e806ad13-0b43-4f8c-a629-2e9dcd9a51c7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-67a08a39-0c97-4794-8623-9ee6677d7c94","keyframes":{"transform":["translate3d(0px, 193.59292%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

3% Deficit

Thailand GDP

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