Thailand plans budget deficit not over 3% of GDP for 2024 fiscal yr - Finance Minister

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Thailand to keep budget deficit not over 3% of GDP for 2023 fiscal yr - Finance Minister

BANGKOK :Thailand's government is planning to keep its budget deficit to no more than 3 per cent of gross domestic product in the 2024 fiscal year, the finance minister said on Tuesday, aiming for a deficit of 593 billion baht .

Arkhom Termpittayapaisith also told a news conference the inflation target range of 1 per cent to 3 per cent was appropriate and monetary policy would ensure continued recovery of the economy.

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