Siam Square, a major shopping centre and hangout in Bangkok, is quiet on Wednesday after a new coronavirus outbreak in Samut Sakhon spilled over into the capital. (Photo by Chanat Katanyu)
The government plans a budget deficit of 700 billion baht for the 2022 fiscal year, up 12.4% from the current fiscal year, government spokesman Anucha Burapachaisri said on Wednesday, as the tourism-dependent country deals with a new coronavirus outbreak.
Spending is projected at 3.1 trillion baht in the fiscal year that starts on Oct 1, down 5.7% from the current year, Mr Anucha said in a statement.
Of the spending, 620 billion baht will be for investment, a 4.5% drop from the current year.
The budget plan is based on projected economic growth of 3.5% in 2022, Mr Anucha said, adding the plan would be discussed a…
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