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Search Result for “budget deficit reduction”

Showing 1 - 10 of 796

BUSINESS

Fuel crisis upends state's fiscal plans

Business, Wichit Chantanusornsiri, Published on 17/04/2026

» The energy crisis may pose a challenge for the government in pursuing its fiscal plan, which aims to reduce the fiscal deficit to no more than 3% of GDP, increase revenue through a higher value-added tax (VAT), and keep public debt below 70% of GDP, according to the Finance Ministry.

BUSINESS

Thailand targets major investment reform

Business, Wichit Chantanusornsiri, Published on 11/04/2026

» Finance Minister Ekniti Nitithanprapas has recently stated that the current energy crisis could be Thailand's last opportunity to restructure its economy and ensure long-term survival.

THAILAND

Cabinet readies cost-of-living relief packages

Wichit Chantanusornsiri, Published on 10/04/2026

» The cabinet on Saturday is expected to approve a cost-of-living relief package targeting vulnerable groups as well as the transport and agriculture sectors, Finance Minister Ekniti Nitithanprapas said on Friday.

THAILAND

Co-payment scheme to expand in May

News, Wichit Chantanusornsiri, Published on 09/04/2026

» The Finance Ministry has confirmed the next phase of the "Khon La Khrueng" co-payment scheme will start in May, with an expanded reach aimed at easing the financial strain on households amid ongoing economic pressures.

BUSINESS

Office eyes B40bn via infrastructure funds

Business, Wichit Chantanusornsiri, Published on 07/04/2026

» Several state-owned enterprises (SOEs) are expected to raise a combined 40 billion baht through infrastructure funds, helping to ease the government's public debt burden as such liabilities are not classified as public debt, says the chief of the State Enterprise Policy Office (Sepo).

BUSINESS

Ekniti says fiscal position able to weather crisis

Business, Wichit Chantanusornsiri, Published on 02/04/2026

» The government's fiscal position remains strong and is sufficient to withstand shocks from an economic crisis, according to Finance Minister Ekniti Nitithanprapas.

THAILAND

Oil fund seeks B150 billion in loan guarantees for fuel aid

Wichit Chantanusornsiri, Published on 31/03/2026

» The Oil Fuel Fund has sought a guarantee from the Ministry of Finance for 150 billion baht in loans to stabilise domestic fuel prices, amid rising energy pressures.

BUSINESS

Co-pay scheme, emergency projects to get B300bn

Business, Wichit Chantanusornsiri, Published on 26/03/2026

» Roughly 300 billion baht in investment expenditure is expected to be available for transfer to the central budget to support the "Khon La Khrueng" co-payment scheme and urgent government emergency projects.

BUSINESS

EVs become label-controlled

Wichit Chantanusornsiri, Published on 23/03/2026

» Electric vehicles (EVs) have officially been designated label-controlled products to ensure consumers can accurately compare the features of different brands before making a purchase.

BUSINESS

Ministry eyes oil excise tax trims

Business, Wichit Chantanusornsiri, Published on 23/03/2026

» The Finance Ministry is weighing the extent of potential oil tax cuts to keep retail fuel prices at a level the economy can absorb, while also avoiding excessive impact on government revenue.