Fiscal 2022 will be the first year since the pandemic broke out for government revenue collection to exceed its target, says Krisada Chinavicharana, permanent secretary of the Finance Ministry.
Mr Krisada said the ministry expects revenue collection for fiscal 2022 to surpass the 2.4-trillion-baht target by around 70 billion baht. He attributed the higher revenue collection to the improving economy.
The National Economic and Social Development Council projects economic expansion in the range of 2.7-3.2% this year. Thailand expects foreign tourist arrivals of 8-10 million this year.