Thailand to have wider budget deficit for 2025 fiscal year, says finance official

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More of the budget will be used to stimulate the economy

Kitiphong Thaichareon, Satawasin Staporncharnchai and Chayut Setboonsarng, Reuters News

April 1, 2024

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Thailand will have a wider budget deficit in its 2025 fiscal year, a senior finance ministry official told reporters on Monday.

More of the budget will be used to stimulate the economy, said Pornchai Thiraveja, head of the ministry's fiscal policy office.

(Reporting by Kitiphong Thaichareon, Satawasin Staporncharnchai and Chayut Setboonsarng, Editing by Kanupriya Kapoor)

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