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Government receives six suggestions to minimise financial risks
SATURDAY, JUNE 29, 2024
The Finance Ministry this week presented six suggestions to the government to minimise financial risks and ensure the country’s financial stability, as per the requirement of the State Finance Discipline Act of 2018.
Japan’s R&I retains Thailand’s sovereign credit rating of ‘A-‘
FRIDAY, DECEMBER 22, 2023
Thailand has retained its sovereign credit rating of “A-” with a “stable outlook” from Japan’s Rating and Investment Information Inc (R&I), the same level as for 2022, according to the Finance Ministry’s Public Debt Management Office.
Consideration of Bangkok's expenditure budget of fiscal year 2024
FRIDAY, SEPTEMBER 15, 2023
Bangkok Metropolitan Council (BMC) approved the draft of Bangkok Regulation on the Annual Budget Expenditures for Fiscal Year 2024. The Council established Ad Hoc Committee consisting of 45 members for the consideration of the drafted annual budget expenditures which shall be finished within 45 days after the first reading.
Consideration of Bangkok's expenditure budget of fiscal 2024
FRIDAY, SEPTEMBER 15, 2023
The Bangkok Metropolitan Council (BMC) approved the draft of Bangkok regulation on annual budget expenditures for fiscal year 2024 in the second and third readings, covering the budget of over 90 billion baht.
World Bank report harps on need for Thai govt to raise more revenue
TUESDAY, MAY 30, 2023
Thailand would have to find ways to increase its revenue to meet growing spending needs while also keeping public debt under control, a new World Bank report said on Monday.
Government revenues are shooting up: Fiscal Policy Office
WEDNESDAY, MAY 24, 2023
Government revenue collection exceeded its target by 8.9% in first seven months of this fiscal year, which began last October, the Finance Ministry’s Fiscal Policy Office said on Wednesday.
Outstanding public debt is at 60.17 per cent of GDP
FRIDAY, APRIL 01, 2022
The Public Debt Management Office (PDMO) reported on Friday that as of February 28, the country’s outstanding public debt stood at THB9.8 trillion, or 60.17 per cent of gross domestic product (GDP).
Fiscal measures set to stabilize economic growth
TUESDAY, DECEMBER 14, 2021
Chinese policymakers vowed to adopt more efficient fiscal measures to stabilize economic growth in 2022, while still reining in government debt amid regulations on financing and the property sector, experts said on Monday.
Government confident economy will recover quickly in 2022
THURSDAY, NOVEMBER 04, 2021
The overall economic situation has improved, according to the September Economic Report, government spokesman Thanakorn Wangboonkongchana said on Thursday.
Cabinet approves THB1.3 trillion borrowing next year
TUESDAY, SEPTEMBER 28, 2021
The Cabinet on Tuesday approved fresh borrowing of 1.344 trillion baht for the new fiscal year, which starts next month.
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