The cabinet approved on Tuesday a fiscal 2023 budget worth 3.185 trillion baht with a deficit of 695 billion.
The fiscal 2023 budget is 2.74%, or 85 billion baht, higher than the fiscal 2022 budget, according to government spokesman Thanakorn Wangboonkongchana.
Of the total, the regular budget tallied 2.39 trillion baht, up by 17 billion or 0.72% from the previous year, accounting for 75% of the total budget.
The investment budget is set at 695 billion baht, up by 83 billion or 13.8% from fiscal 2022. The investment budget makes up…