State budget disbursement beats target

THURSDAY, JANUARY 12, 2017
State budget disbursement beats target

State budget disbursement was 2.06 per cent higher than targeted for the first quarter of the 2017 fiscal year, according to the Comptroller-General’s Department (CGD).

Oranuch Vinusit, fiscal and financial system development adviser at the CGD, said disbursement in the first quarter totalled Bt876.12 billion or 32.06 per cent of the total budget, 2.06 per cent higher than its target and 1.84 per cent higher than that in the same period a year earlier.
The CGD injected Bt692.56 billion into the treasury reserve for the first three months of this fiscal year. Of the total, Bt603.16 billion came from state agencies and state enterprises’ revenue.