State spending targets laid out for fiscal 2023

The government is planning a fiscal 2023 budget worth 3.185 trillion baht, with a deficit of 695 billion baht for the fiscal year, which starts next October.

According to Chalermphol Pensoot, director of the Budget Bureau, the budget was approved at yesterday’s meeting between Prime Minister Prayut Chan-o-cha and four economic agencies.

The planned deficit is 5 billion baht, or 0.71% lower than in fiscal 2022.

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Bangkok Post Reporter