Government revenue for the first five months of this fiscal year fell only 0.6% short of target as higher revenue contributions from state enterprises and government agencies almost offset the lower-than-expected tax collections.
For the October-to-February period government revenue stood at 802.8 billion baht, 4.67 billion baht lower than target, said director-general of the Fiscal Policy Office (FPO) Somchai Sujjapongse. He said the amount also declined 3% over the same period a year before.
The fiscal year runs from Oct 1-Sept 30.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.