FY2014 deficit to dip to 2% of GDP | Bangkok Post: business

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FY2014 deficit to dip to 2% of GDP

Kittiratt wants strong domestic economy

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The government has started planning the 2014 fiscal budget, with the focus on reducing current account deficit and accelerating public investment, said Finance Minister Kittiratt Na-Ranong. 

State agencies have been told to prepare for the 2014 budget three months after the 2013 budget took effect.

The plan is to run a budget deficit but to a lesser extent of less than 2% of gross domestic product, he said.

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