According to a report released by Japanese investment group/think tank Nomura Research, Thailand’s economy may be growing too quickly for its own good.
The Kingdom’s strong performance over the past couple years has led some observers to speculate that the country’s loose fiscal policy may be leading the country to an unsustainable future.
However, in its coverage of the report, the Nation reports that Thailand still maintains a goal of keeping its debt under 50% of GDP, and plans to balance the country’s budget by 2017.
