🇹🇭 #gameover?🤔
#Fiscal #deficit will trigger 2026 crisis
"The situation is projected to be far less rosy in 2026, as foreign financing may be halved to Bht450bil. Tt amount is inadequate to finance an Bht860bil budget deficit, Bht186bil in loan recalls, Bht135bil in maturing debentures.. secur'g such an amt of foreign capital inflow is next to impossible. Te result will be a severe #liquidity crunch, which will inevitably lead to a #financialcrisis similar to tt of 1997"
https://www.bangkokpost.com/opinion/opinion/3200420/fiscal-deficit-will-trigger-2026-crisis