Thailand's government has announced a borrowing plan of 2.59 trillion baht (approximately $78 billion) for the 2025 fiscal year, starting October 1, which represents an 8% increase from the previous year. The Ministry of Finance assures that this borrowing will not impede private sector fundraising, with about 1.1 trillion baht designated for new borrowing primarily to address the budget deficit. The overall budget for the fiscal year is set at 3.75 trillion baht ($113 billion), aimed at stimulating economic growth amid challenges like high household debt and weak exports. The borrowing strategy includes issuing 1.25 trillion baht in government bonds and 520 billion baht in Treasury bills, among other financial instruments. Public debt is projected to reach 66% of GDP by September 2025, still below the legal ceiling of 70%. Officials are also considering issuing dollar-denominated bonds after an earlier attempt was canceled due to unfavorable market conditions.