Thailand FY2016 budget approved – The economic ministers’ meeting chaired by Prime Minister Prayut Chan-o-cha yesterday approved 2.72 trillion baht worth of expenditure to run a 390-billion-baht budget deficit in fiscal 2016. The budget framework is based on projected economic growth of 3.7% to 4%, with inflation of 1.2%. (Bangkok Post, 25/4/15) FIDF contribution kept […]

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