Shadow of uncertainty over budget for fiscal year 2024 as election looms

The Cabinet recently approved a framework for government spending in fiscal year 2024 with planned expenditure of 3.35 trillion baht, up 5.18 percent from the current fiscal year. The spending is equal to 17.8 percent of gross domestic product (GDP).   The share of current spending, such as on salaries of state officials, represents 74.89 percent of the total … Continue reading Shadow of uncertainty over budget for fiscal year 2024 as election looms