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Thursday, May 2, 2024

New government urged to cut budget deficit

FPO proposes it build its fiscal credentials

Mr Pornchai said the government should exercise control on some redundant or unnecessary expenditures to help reduce the debt burden.

The new government should focus on reducing the budget deficit over the long term to build its fiscal credentials, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.

He said the Finance Ministry’s medium-term fiscal plan…

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