Thailand’s fiscal balance ‘remains strong’
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The government received Bt737.26 billion in revenue in the first four months of fiscal year 2018 (October 2017 -- January 2018), according to Kulaya Tantitemit, the Inspector General of Ministry of Finance and Ministry of Finance’s spokesman.
The government budget disbursement was Bt1.21 trillion. To finance this deficit, the government has borrowed Bt191.35 billion.
Therefore, the treasury reserve at the end of January 2018 was Bt188.735 billion.
Kulaya said: “Fiscal balance in the first four months of fiscal year 2018 remained strong. The government will ensure budget disbursement acceleration that will support the Thai economy to grow at the targeted rate.”
