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The Latest Breaking News from Fiscal Policy

The government's revenue collection during the first 11 months of fiscal 2022 surpassed its target by 117 billion baht, according to the Fiscal Policy Office.

Bangkok Post

Investors must wait for Brazil election for fiscal clarity -Credit Suisse executive

Investors seeking clarity about the future of Brazil's fiscal policy from 2023 on must wait for the outcome of October's presidential election, said the chief investment officer of Credit Suisse for Latin America.

Reuters

Patrick Minford: maverick economist who inspired Truss and Thatcher

Brexiter tells Guardian that new PM understands need for tax cuts and orthodoxy must be challenged to revitalise economy

The Guardian - UK

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Govt relief schemes 'inject B5.73bn'

Over 20 million people have taken part in the latest instalments of the government's financial relief programmes in the first three days of September, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.

Bangkok Post

Geopolitical strife threatens recovery

Thailand's economy has recovered after the country's reopening but geopolitical conflict remains a threat, according to a senior official at the Fiscal Policy Office (FPO).

Bangkok Post

Latest co-payment phase gains positive response

Phase 5 of the co-payment scheme, which opened for the first day of registration on Friday, saw an overwhelming response from the public, said Pornchai Thiraveja, director-general of the Fiscal Policy Office.

Bangkok Post

Rishi Sunak says Truss’s tax-cutting plans will create ‘sugar rush boom’

Rishi Sunak said rival Liz Truss’s plans for vast tax cuts would “put fuel on the fire” of the inflation problem and create a “sugar rush boom”.Veteran political journalist Andrew Neil challenged the Tory leadership hopeful over his plans to tighten fiscal policy in a time when “the global economy…

Evening Standard

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Sunak says Truss’s tax-cutting plans will create ‘sugar rush boom’

The Tory leadership hopeful denied his plans to tighten fiscal policy would lead to a recession in a crunch interview with Andrew Neil.

The Independent UK

The poor state of India’s fiscal federalism

The concerns of the founding fathers — addressing socio-economic inequities — are being forgotten in today’s fiscal policy

The Hindu

FPO maintains 2022 growth forecast at 3.5%

The Fiscal Policy Office (FPO) has kept its forecast for economic growth this year at an average of 3.5%, underpinned by a recovery in both the tourism sector and domestic consumption, according to the office's director-general Pornchai Thiraveja.

Bangkok Post

International expert to review Reserve Bank as deputy governor says households in 'fairly good position' on rate rises

An international expert on monetary policy, Carolyn Wilkins, is one of a three-member panel that will conduct a broad review of the Reserve Bank, including its objectives and the interaction of monetary and fiscal policy.

The Conversation

Apec to focus on loans for SMEs

The Asia-Pacific Economic Cooperation (Apec) finance ministers' meeting will focus on giving small and medium-sized enterprises (SMEs) better access to loans via digital channels, says Fiscal Policy Office director-general Pornchai Thiraveja.

Bangkok Post

FPO expects rising government revenue

The Finance Ministry's projection of higher government revenue in fiscal 2023 is in line with the economic recovery, says Fiscal Policy Office director-general Pornchai Thiraveja.

Bangkok Post

Editorial: What Kind of Fiscal Intervention Does China Need to Stabilize the Economy?

Policymakers should carefully analyze the current economic situation before coming up with a targeted and appropriate policy

Caixin Global

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Bangkok Post

Exports, tourism help fire up expansion in April

The growth of exports, tourism and the agricultural sector supported the country's economic expansion in April, according to the Fiscal Policy Office (FPO).

Bangkok Post

Collection surpasses target in first 7 months

The government's revenue collection in the first seven months of fiscal 2022 surpassed its target by 3.7% as a result of the expansion of product import volume, in line with the economic recovery, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.

Bangkok Post

FPO on a mission to tackle high debt, limit borrowing

The Fiscal Policy Office (FPO) plans to discourage financial institutions from enticing consumers to unnecessarily create more debt as part of its efforts to curb high household debt levels over the long term.

Bangkok Post

FPO slashes growth on energy outlook

The Fiscal Policy Office (FPO) has downgraded its 2022 economic growth forecast to an average of 3.5% from 4.0%, mainly because of the Russia-Ukraine war and its effect on domestic energy prices, says FPO director Pornchai Thiraveja.

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