Govt fiscal deficit of Bt247 bn over 11 months
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The government accumulated a fiscal deficit of nearly Bt250 billion in the first 11 months of the 2014 fiscal year through end-August, while government income was about Bt100 billion lower than in the same period last year due to lower tax revenue, the Fi
Krisda Chinavicharana, director-general of Fiscal Policy Office, said government income came in at around Bt1.82 trillion during the period, about 5.2 per cent lower year on year, mainly due to lower excise on cars – caused by the termination of the first-car scheme and an economic slowdown that led to reduced domestic auto demand.
The Nation
