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Monday, April 29, 2024

Deficit to rise further in fiscal 2025

Cabinet looks at 2025 spending plan even as fiscal 2024 budget has yet to be passed

Prime Minister Srettha Thavisin addresses public officials at a seminar on planning the annual expenditure budget, at Impact Muang Thong Thani in October. (Photo: Pattarapong Chatpattarasill)

The government is planning a larger budget deficit of 713 billion baht for the 2025 fiscal year with higher spending of 3.6 trillion baht.

The…

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