News
Higher govt spending, export rebound expected to boost Thai GDP growth
Increasing government spending, higher public consumption as well as private investment could boost Thailand’s gross domestic product (GDP) growth in 2024 to 2.7 to 3.7 per cent, the National Economic and Social Development Council (NESDC) said on Friday.NESDC secretary-general Danucha Pichayanan said the council expected ...
The Nation Reporter
Cabinet approves 3.48tn budget bill for fiscal 2024
The Cabinet on Tuesday approved the fiscal 2024 expenditure budget bill with planned government spending of 3.48 trillion baht, Prime Minister Srettha Thavisin announced.Speaking to reporters after the weekly Cabinet meeting, Srettha said the budget bill and attached documents had been scrutinised by the Office ...
The Nation Reporter
Call for more stimulus to help economy
Thailand needs new government measures to stimulate the economy next year, easing the impact from the delay in budget allocation for fiscal 2024, says the Federation of Thai Industries (FTI).Fiscal 2024 started on Oct 1, 2023, but the Srettha Thavisin administration has yet to finalise ...
Bangkok Post Reporter
Cabinet approves B1.5tn borrowing next year
The government will borrow 1.5 trillion baht next year to counter the economic impact from the coronavirus pandemic amid dwindling state revenue.A cabinet meeting chaired by Prime Minister Prayut Chan-o-cha on Tuesday approved borrowing of 1.47 trillion baht in the fiscal year starting Oct 1, ...
