Short term risk factors:In the event that the economic expansion is slow, just less than 4-5 (with the expansion of global economic factors that slow down) will result in rising public debt of Thailand very much. Which part of taxonomy comes from Thailand, where economic conditions are susceptible to high, especially during times of economic problems.The actual interest rate may adjust up 2-year term ahead, according to the United States and Europe, economic recovery, which may result in the amount of debt and debt increased rapidly.The long-term risk factorsAlso unclear whether Thailand will break free from a middle income country trap or not, because the factors of production and the labor and human resources, including the infrastructure of Thailand. Not conducive to being removed from such traps.The Government also has no plans to adjust the tax system should be a State income tax could not be added also from certain taxes, such as taxes, land and building tax, VAT, etc.Researchers saw that the short term risk management should be to reduce unnecessary spending down. For example, if there is a reduction of losses caused by the project, the President into not more than 70000 million baht per year will help increase the fiscal space equal to approximately 5 percent of revenue in the nation can help create a period of 5 years, with the Government of Thailand even more significantly.SummaryEven though economic trends, Thailand is also recovering from a big flood of economic expansion and higher. But government spending will likely increase too. Make public debt should be tracked closely. Researchers agree that the Government should have to create fiscal space ', ' the increase in 5-year term ahead, because there is also the risk of public debt that is likely too high. Although the Government should invest in the infrastructure to support and accommodate future economic expansion, but expenditure cuts should be considered in a special budget projects higher than necessary, such as acquiring rice project. Control expansion of expenditure and increased income from certain types of taxes in accordance with the principles of proper risk management.
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