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Bangkok Post

Business

State urged to accelerate fiscal 2022 spending

Danucha Pichayanan

Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (Photo by Chanat Katanyu)

The government is advised to speed up state expenditure in fiscal 2022 to lift the economy, which is trapped by rising energy prices and the impact of persistent Covid-19 outbreaks.

Danucha Pichayanan, secretary-general of the National Economic and Social Development Council (NESDC), said the Russia-Ukraine crisis is driving up global energy prices, with the world supply chain anticipated to be adversely affected if the situation lasts a long time.

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