Govt posts Bt457.33 billion deficit for first 10 months
Thailand posted a deficit of Bt457.33 billion for the first ten months of this fiscal year (October 2018 to July 2019), said Director-General Lavaron Sangsnit of the Fiscal Policy Office on Wednesday.
Lavaron, also spokesperson of the Finance Ministry, added that the government recorded Bt2.129 trillion in revenue while budget disbursement amounted to Bt2.586 trillion for the same period.
The government borrowed Bt322,978 million to cover the deficit incurred during the first ten months with treasury reserve declining to Bt484.55 billion as of the end of July 2019.
