Thailand's Fiscal Woes Deepen As Government Pursues Populist Policies
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Analysts concerned over Thailand's fiscal position as government pushes populist policies like digital wallet scheme.
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Budget deficit projected to widen from 2.9% to 3.6% amid expansionary spending.
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Digital wallet handout originally estimated to cost 560 billion baht.
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Weaker economy weighing on government revenue growth.
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Debt levels to remain high around 60% of GDP over medium term.