Government’s Fiscal Balance Report: The First 7 Months of Fiscal Year 2019 (October 2018 – April 2019)

Economy News Thursday May 30, 2019 16:33 —Ministry of Finance

Mr. Lavaron Sangsnit, Director–General of the Fiscal Policy Office and Ministry of Finance’s Spokesperson stated that in the first 7 months of fiscal year 2019 (October 2018 – April 2019), the government has received 1,336,783 million baht in revenue. The government budget disbursement was at 1,956,666 million baht. To finance such deficit, the government has borrowed 236,778 million baht. Therefore, the treasury reserve at the end of April 2019 was at 263,956 million baht.

Government’s Fiscal Balance on Cash Basis Report: The First 7 Months of Fiscal Year 2019 (October 2018 – April 2019)

Unit: Million Baht

                                                    First 7 Months                Change (%yoy)
                                                  2019          2018          Amount       Percent
1. Revenue                                   1,336,783     1,294,670          42,113           3.3
2. Expenditure                               1,956,666     1,844,576         112,090           6.1
3. Budgetary Balance                         (619,883)      (549,906)       (69,977)        (12.7)
4. Non Budgetary Balance                        13,625       (30,801)         44,426         144.2
5. Cash Balance (3+4)                        (606,258)      (580,707)        (25,551)        (4.4)
6. Deficit Financing                           236,778        334,818        (98,040)       (29.3)
7. Cash Balance after Financing (5+6)        (369,480)      (245,889)       (123,591)       (50.3)
8. Treasury Reserve                           263,956         277,869        (13,913)        (5.0)

As of May 15th, 2019

Source: Comptroller General’s Department and Fiscal Policy Office

Tel.: 0 2273 9020 # 3558, 3563

Source: Ministry of Finance

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