Debt, signs of drought squeeze Thai economy
Slowing growth in China and weak demand for key exports add to woes
[DOI SAKET, Thailand] The junta that seized power in Thailand four months ago has used martial law and a crackdown on its critics to subdue the politically polarised country.
But it may have more difficulty handling a fragile economy.
Household debt is at a record high in Thailand, exports are flat, the number of tourists is well below last year's count and experts say low levels at dams across the country are foretelling a severe water shortage. The central bank predicts economic growth of 1.5 per cent this year.
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