Assessing The Impact Of The PTP's Fiscal Policy

September 2011
Asia Monitor: South East Asia Monitor Volume 1;Sep2011, Vol. 22 Issue 9, p1
Country Report
The article focuses on the impact of the fiscal policy of the Puea Thai Party (PTP) for fiscal year (FY) 2012-2013. It says that the fiscal policy should lead to a widening budget deficit from the expected 1.0% of gross domestic product (GDP), or 99.8 billion bahts in 2010 to 3.0% of GDP, or 324.8 billion bahts. It sees detrimental risks to the fiscal position of the country if subsidies will not be withdrawn.


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