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in-focus

Govt reveals Bt276bn deficit 


Fiscal budget in the first eight months of this year (October 2018-May) deficit is Bt275.87 billion, according to Lavaron Sangsnit, Director–General of the Fiscal Policy Office and Finance Ministry’s spokesperson said on Thursday.


He said the government has received Bt1.563 trillion in revenue during the period. 
The government budget disbursement was at Bt2.128 trillion.
To finance the deficit, the government has borrowed Bt275.879 billion. 
Therefore, the treasury reserve at the end of May was at Bt319.26 billion, he said.

Published : June 27, 2019

By : The Nation