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An ambitious plan to build Thailand’s first urban rail network outside of Bangkok will come to fruition in the northeastern city of Khon Kaen. Work will begin in 2024 on a 26km light rail system to run through the city. ....
In the 21 years after the Asian financial crisis of 1997, Thailand's government ran a budget deficit 18 times. However, due to ineffective management, excessive fiscal spending did not produce the intended effect of economic acceleration. ....