The Thai economy has stabilised, with inflationary pressures subsiding and public debt still below 70% of the country's GDP, according to the Fiscal Policy Office (FPO).
The government's fiscal and monetary status remains strong, with US$202 billion in foreign reserves as of October, the FPO said.
Pornchai Thiraveja, director-general of the FPO, said private consumption and investment in October remained firm from a month earlier.