Thaksin Proposes Debt Rescue Strategy for Thailand

Reported about 2 months ago

Former Thai Prime Minister Thaksin Shinawatra has urged the government to urgently address the country's soaring household and public debt, proposing a debt restructuring initiative. He emphasizes the need for policies that can drive growth to levels comparable with neighboring Southeast Asian countries and advocates for greater coordination between fiscal and monetary policies. Despite consolidating a coalition government, Thaksin insists on the importance of amending the constitution for improved democracy in Thailand.

Source: YAHOO

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