The government deficit during the first nine months of this fiscal year soared to Bt251.40b due to the massive injection of government spending to stimulate the economy, the Finance Ministry reported on Tuesday. The fiscal deficit was about 2.8% of the country’s gross domestic product, finance spokesman Akeniti Nititanprapas said. (Bangkok Post)
Leave a reply
Thai Stock Market Analysis May 9, 2022: How Much Lower Will the the SET fall?
Ugly Trading Session Leaves Thai Stock Market Index in Murky Waters The Thai stock market had recently done remarkably well...
Thailand Economic Recovery Dwindling
Exports Decline Across the Board Merchandise exports in Thailand based on balance on payments contracted by 5.6% year-on-year in October...
Thailand Exports Worsened in October
Hopes for a continued recovery of the economy were deflated as Thailand exports worsened in October. The value of goods...
