The government is planning a fiscal 2023 budget worth 3.185 trillion baht, with a deficit of 695 billion baht for the fiscal year, which starts next October.
According to Chalermphol Pensoot, director of the Budget Bureau, the budget was approved at yesterday’s meeting between Prime Minister Prayut Chan-o-cha and four economic agencies.
The planned deficit is 5 billion baht, or 0.71% lower than in fiscal 2022.
The four economic agencies comprise the Finance Ministry, the Budget Bureau, the National Economic and Social Development Council and the Bank of Thailand.
Mr Chalermphol said details of the fiscal 2023 budget will be presented to the cabinet meeting on Jan 4, while all state agencies are required to submit their proposals by Jan 14.
He said the fiscal 2023 budget is in line with the country’s 20-year national strategic plan, the 13th national economic and…
