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Cabinet approves 3.78 trillion baht budget ceiling for 2026 fiscal year

Cabinet approves 3.78 trillion baht budget ceiling for 2026 fiscal year

13 Sept 12:24 Key points summarised by AI
  • The Thai cabinet approved a 3.78 trillion baht budget ceiling for the 2026 fiscal year, marking a 27.9 billion baht increase from the previous year.
  • The government anticipates a 2.92 trillion baht revenue, resulting in an 860 billion baht shortfall (4% of GDP) to be covered by borrowing.
  • Expenditures are allocated across permanent spending (70%), national reserves (3.3%), investments (22%), and loan repayments (4%).
  • The Finance Ministry is instructed to enhance revenue collection, while other state agencies must ensure wise and effective budget utilization.
  • State enterprises and ministries are urged to accelerate infrastructure investment disbursements to attract foreign and domestic private sector investments.
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