Thailand: Yingluck's Govt. Rises Public Debt Too Much?

According to PDRC, they said that Yingluck's Government has risen public debt to critical level. They couldn't agree with Yingluck's Government more. Protesters accuse that the Government has risen public debt via populist policies, such as rice pledging, free public transport services, and cure-all with 30 Baht. But they haven't shown any public debt paper yet.

Therefore, is it true?

Source: www.tradingeconomics.com | Ministry of Finance, Thailand

Official Data from Public Debt Management Office — PDMO

PDMO has revealed public dept data on its website. Dept per GDP% is around 44-45.5% which is approximate to the average of the current decade. This means that Yingluck's populist policies didn't make a great impact to public debt.

Although those policies didn't impact sharply, 2 trillions Baht loaning for transportation systems which is paused by dissolution of parliament may rise public debt a lot.

Worldwide Debt

In addition, North America countries and the rest of Europe have very high level of public debts. The lower picture shows public debts of all countries in the World.

Source: Wikipedia | Government debt as a percent of GDP by IMF

Data Sources

Public Debt Management Office: Public Debt Outstanding
http://www.pdmo.go.th/en/popup_money_data.php?m=money&ts2_id=1
THAILAND GOVERNMENT DEBT TO GDP
http://www.tradingeconomics.com/thailand/government-debt-to-gdp
List of countries by public debt
http://en.wikipedia.org/wiki/List_of_countries_by_public_debt