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Monitoring fiscal conditions is one of the main functions of the Fiscal Policy Office (FPO). Relevant public finance statistics are collected and, to some extent projected. We provide information on revenue collection, expenditures, and GFS-based fiscal balance. Investors can observe the direction of fiscal policy and government’s budget commitment via this information.
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Fiscal Outlook (Dec 08)
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The government’s net revenue collection during Dec/08 amounted to THB 76,249 million, 23% lower than the estimated figure (18.7% decrease year-on-year basis).
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The total budget disbursement in Dec/08 was THB 145,422 million (THB 127,825 million disbursed from the 2009 Budget which is a 30.6% increase year-on-year basis and the rest THB 17,597 million from carry-overs.
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Fiscal Balance on the cash basis: Q1/09 fiscal year witnessed THB 275,337milllion in revenue delivered to the treasury and THB 404,340 million budget spending, resulting to a budget deficit of THB 129,003 million. Meanwhile, the non-budgetary deficit amounted to THB 79,131 million. In total, the government cash deficit was THB 208,134 million which was 2.3% of GDP.
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Public debt outstanding as of November 2551 was THB 3,415.6 billion which is 37% of GDP.
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The interpretations and conclusions given represent those of the authors. They
do not necessarily reflect the view of the Royal Thai Government, its
departments or other related institutions.
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Tel. +66(0) 2357-3490, Fax. +66(0) 2357-3533
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