The floods will affect the government’s finances, increasing expenditure and depressing revenue, but are not expected to affect the Kingdom’s creditworthiness, said Moody’s Investors Service. In its weekly credit-outlook report, prepared by Christian de Guzman, assistant vice president-analyst, Sovereign Risk Group at Moody.
Moody’s sees no impact from flood damage
The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.
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