Fitch Upgrades Thailand's Credit Outlook to Stable
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Insights by Echo AI
Fitch Ratings upgraded Thailand's sovereign credit outlook from negative to stable, maintaining its BBB+ rating. The upgrade was driven by improved political stability, policy continuity, and fiscal consolidation. Economic growth is forecast at 2.3% in 2026, supported by AI and data center investments and consumption-boosting measures. General government debt is expected to remain below 63% of GDP by 2028. Thailand's strong external finances and low external interest burden were also noted.
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