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THAI FINANCE MINISTRY EXPECTS GOVT REVENUE TO HIT FY2006 TARGET.

AsiaPulse News

| July 03, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BANGKOK, July 3 Asia Pulse - Thailand's Ministry of Finance's Fiscal Policy Office (FPO) projects that the government's total revenue for the 2006 fiscal year will reach 1.36 trillion baht as targeted, while total spending is 1.26 billion baht (US$35.7 billion) or 93 per cent of the budget.

However, government spending when combined with the 119.39 billion baht disbursed the previous year will rise to 1.38 billion, higher than the projected revenue, said a source at the FPO.

To accommodate the changing economic and financial status of the country, the Finance Ministry stipulated that the country's public debts not exceed ...

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Source: HighBeam Research, THAI FINANCE MINISTRY EXPECTS GOVT REVENUE TO HIT FY2006 TARGET.

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