Tuesday, May 18, 2021

business

Government borrows Bt214-bn to finance deficit


Kulaya Tantitemit, Inspector General of the Ministry of Finance, has announced the government's balance for the first five months of fiscal year 2018 (October 2017 - February 2018).

991

View

 

 


The government has received Bt894.012 billion in revenue, while budget disbursement was at Bt1.378 trillion. 
To finance the deficit, the government has borrowed Bt214.9 billion.
Therefore, the treasury reserve at the end of February 2018 was Bt189.327 billion.
​She addd that fiscal balance in the first five months of fiscal year 2018 remained sufficiently strong for disbursement, due to higher government revenue collection and higher capital expenditure disbursement.

Published : March 20, 2018

By : The Nation