The ratio is forecast to hit 62.3 percent of GDP at the end of this year, but officials assure...

Public debt is expected to reach 61.3 percent of GDP at the end of this year  

The genesis of the 1997 Asian financial crisis lay in reckless foreign borrowing by Thailand and Indonesia

They are reluctant to increase the country's indebtedness, but some of their colleagues say it is "necessary" and "urgent"

Half of the borrowings will be used for debt servicing as budget is set to stay in deficit

46 percent of the debt is external, which can be affected by the recent dong devaluation