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Cabinet approves fiscal 2026 budget bill allocating 3.78tn baht spending

May 20, 2025

Cabinet approves 3.78 trillion baht budget bill for fiscal 2026, set for parliamentary reading late May and final deliberation in October.

NESDC rings alarm bell as Thailand’s public debt approaches 70% of GDP

January 11, 2025

Council calls for improving efficiency of government revenue collection and effectiveness of public spending

Thai economy buffeted by many negative factors, say economists

MONDAY, JUNE 24, 2024

Rising household debts, low government spending, dropping purchasing powers, geopolitical risks pressuring the economy, warn experts

Budget bill easily passes first reading in the lower House

SATURDAY, JUNE 22, 2024

The budget bill for fiscal year 2025 passed the first reading after a vote in the House of Representatives on Friday night.

Srettha defends Thailand’s deficit budget for fiscal 2025

WEDNESDAY, JUNE 19, 2024

PM says more government spending will not only boost the manufacturing sector, but will also put cash in people’s hands

Government drops off-budget loan plan to fund for digital wallet scheme

WEDNESDAY, MARCH 27, 2024

The government has cancelled its controversial plan to borrow a huge off-budget loan of 500 billion baht to finance its controversial digital wallet scheme, but it would use money from the budgets of two fiscal years to finance the scheme, a well-informed source said.

Cut unnecessary spending, avoid duplication, Srettha tells agencies

THURSDAY, MARCH 07, 2024

Prime Minister Srettha Thavisin has instructed government agencies to cut down on unnecessary spending in the fiscal 2025 budget to ensure the government would have sufficient money for investments to spur the economy, the government spokesman said Thursday.

SCB EIC sees slow Thai economic recovery amid uncertainties

FRIDAY, DECEMBER 15, 2023

SCB EIC revised its growth forecast for 2023 to 2.6% due to a much lower-than-expected Q3 GDP outturn, a large contraction in government spending, and lower tourist arrivals than the previous forecast partly due to a slow recovery of Chinese tourists.

High-speed railway, MRT Purple Line top govt spending for 2023: NESDC

SATURDAY, NOVEMBER 26, 2022

The Thai-Chinese high-speed railway and the MRT Purple Line are among the top 10 construction projects with the highest investment budget allocated for fiscal 2023, the National Economic and Social Development Council (NESDC) said.

Underutilisation behind cutting back subsidy scheme: Arkham

MONDAY, JANUARY 24, 2022

The Cabinet has approved the implementation of measures costing 44 billion baht to maintain domestic consumption in 2022, Finance Minister Arkhom Termpittayapaisith revealed on Monday. 

Govt economic stimulus scheme to link with online food delivery platform

SUNDAY, AUGUST 22, 2021

The Bank of Thailand and the Ministry of Finance have jointly implemented two key measures to help businesses cope with the economic fallout of the Covid-19 crisis, Thanakorn Wangboonkongchana, spokesman for the Centre for Economic Situation Administration (CESA), said.

IMF calls for further easing of monetary policy, more govt spending amid slow growth

FRIDAY, OCTOBER 25, 2019

The IMF has urged the Thai government to spend more and suggested the Bank of Thailand should further ease its monetary policy amid an economic slowdown while the Finance Ministry is calling for the central bank to cut rate again.

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