Bangkok: The Treasury Department reported a fiscal position of US$293.9 billion to support it in the face of global economic volatility. The Ministry of Finance is monitoring oil prices, the direction of the Thai baht, geopolitical conflicts, the Middle East war, and consumer concerns over the cost of living. The ministry also reported having a fiscal position of US$293.9 billion to support its response to global economic volatility.

According to Thai News Agency, Mr. Vinit Visetsuwannapoom, Director of the Fiscal Policy Office, revealed that the Thai economic situation in February 2026 still requires monitoring of oil prices, the direction of the Thai baht exchange rate, and geopolitical conflicts, especially the war in the Middle East, which affects Thailand's production chains. Consumers remain concerned about the cost of living and geopolitical conflicts, and real farmer income in February 2026 is projected to decrease by -4.3 percent compared to the same period last year.

Private sector investment indicators show signs of stabilization compared to the same period last year. Private sector investment in machinery and equipment, reflected in capital goods imports, increased by 43.7 percent in February 2026 compared to the same period last year. The value of goods exports reached US$29,439.7 million, showing a continuous increase for the 20th consecutive month at a rate of 9.9 percent.

For the industrial sector, as reflected in the Industrial Sentiment Index, February 2026 saw an increase to 90.0 from 88.7 in the previous month, supported by a recovery in orders. However, in the longer term, there are downward pressures from rising energy prices and increased production costs. Meanwhile, Thailand's Purchasing Managers' Index (PMI) in February 2026 stood at 53.5, up from 52.7 in the previous month, driven by an increase in new orders and higher production compared to the previous month.

Economic stability remains good, reflected in the headline inflation rate in February 2026 at -0.88 percent, while the core inflation rate was 0.56 percent. The public debt-to-GDP ratio stood at 66.0 percent at the end of January 2026. Fiscal stability can withstand risks from global economic volatility, as reflected in international reserves remaining at a high level of US$293.9 billion at the end of February 2026.