Bangkok--27 Apr--Ministry of Finance
Ms. Kulaya Tantitemit, Inspector General of Ministry of Finance and Ministry of Finance's Spokesman, announced the government fiscal balance for the first half of fiscal year 2018 (October 2017 - March 2018). The government has received 1,018,120 million baht in revenue. The government budget disbursement was at 1,598,010 million baht. To finance such deficit, the government has borrowed 285,408 million baht. Therefore, the treasury reserve at the end of March 2018 was at 262,555 million baht.
Ms. Kulaya concluded, "Fiscal balance in the first half of fiscal year 2018 remained strong, due to the sufficient level of treasury reserve to support budget disbursement that will accelerate in the second half of fiscal year 2018."
Government's Fiscal Balance on Cash Basis Report: The First half of Fiscal Year 2018
Unit:Million Baht
First half Change(%yoy)
2018 2017 Amount Percent
1.Revenue 1,081,120 1,040,020 41,100 4.0
2.Expenditure 1,598,194 1,605,672 (7,478) (0.5)
3.Budgetary Balance (517,074) (565,652) 48,578 8.6
4.Non Budgetary Balance (29,537) (29,629) 92 0.3
5.Cash Balance(3+4) (546,611) (595,281) 48,670 8.2
6.Deficit Financing 285,408 295,592 (10,184) (3.4)
7.Cash Balance after Financing(5+6) (261,203) (299,689) 38,486 12.8
8.Treasury Reserve 262,555 141,611 120,944 85.4
Source: Comptroller General's Department and Fiscal Policy Office
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