Southeast Asia

Thai Cabinet Approves 2.7% Budget Rise – Bangkok Post

January 4, 2022

The kingdom’s expenditure is set to be 2.74%, or 85 billion baht, higher than the previous year, a government spokesman said

Thai — A queue forms as people wait to order food at a popular street stall in the Chinatown area of Bangkok. Tourists are flooding back into Thailand, much to the relief of citizens tired of the country's economic downturn during the Covid pandemic. Photo: AFP

The Thai cabinet on Tuesday approved a 3.185 trillion baht ($95 billion) budget for the fiscal year ending September 20, 2023, the Bangkok Post reported.

The budget was 2.74%, or 85 billion baht, higher than the previous financial year, government spokesman Thanakorn Wangboonkongchana said.

Read the full report: Bangkok Post.

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Tags: Budget

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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