A NOTED economist and People’s MP warned today (June 21) that while Thailand’s current fiscal situation will not yet lead to a confidence crisis like Indonesia is facing, there is increasing risk this will be triggered if a concrete plan for fiscal rebalancing is not undertaken over the next one to two years. Dr.
Tag: fiscal
Suthin taken to task over contentious defence budgeting
By Thai Newsroom Reporters PHEU THAI-ATTACHED DEFENCE Minister Suthin Khlangsang was today (June 20) taken to task over the questionable defence budgeting which allegedly focuses on personnel rather than high-tech weapon systems and equipment to meet today’s warfare challenges. During the second day of House floor debate on the 2025 budget bill, Move Forward
Read morePM underscores digital wallet project will spur economic growth
By Thai Newsroom Reporters PRIME MINISTER SRETTHA Thavisin today (June 19) reconfirmed the much-heralded, yet-delayed digital wallet project will definitely become a major economic stimulus to increase domestic consumption, manufacturing of goods, creation of jobs and hefty revenue to the state coffers. Addressing the House of Representatives on the 2025 budget legislation during the
Read moreNot too late to purchase frigate next fiscal year: Suthin
By Thai Newsroom Reporters DEFENCE MINISTER SUTHIN Khlangsang confirmed today (Mar. 21) a purchase of a 17 billion baht frigate in the next fiscal year will not be too late or adversely affect the navy’s procurement plans. Suthin said the postponement of the planned purchase of a new frigate to add to the navy’s
Read moreHouse of Representatives discussing budget for fiscal year 2022
THE government has presented its expenditure budget for fiscal year 2022 to the House of Representatives. The spending will focus on national development in accordance with the National Strategy, and efforts to revive the country after the Covid-19 crisis, NNT said today (May 31). Prime Minister and Defence Minister, Gen. Prayut Chan-o-cha, today explained the
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