The Latest Breaking News from Fiscal Policy

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…

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

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.

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

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

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.

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.

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.