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Monday, May 13, 2024

Bangkok Post – State spending to rise by 3.4% to B3.6tn

A view of Bangkok Port in Klong Toey captured as the sun sets in the Thai capital. The country’s GDP is projected to reach 20.0 trillion baht in 2025, up from 19.0 trillion baht in 2024. (Photo: Reuters)

The cabinet has approved a budget of 3.6 trillion baht for fiscal 2025, with the budget deficit expanding to 713 billion baht.

According to Rudklao Suwankiri, deputy government spokesperson, the cabinet  on Tuesday approved the budget framework for fiscal 2025 as proposed by the Budget Bureau. The total budget is set at 3.6 trillion baht, reflecting a 3.4% increase from the fiscal 2024 budget of 3.48 trillion…

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