Public Finances In Jeopardy?

January 2006
Asia Monitor: South East Asia Monitor Volume 1;Jan2006, Vol. 17 Issue 1, p2
Country Report
Country Report
The article presents the economic outlook of Thailand. October 2005 marked the beginning of the new fiscal year in Thailand and the start of the government's ambitious Mega-Projects Investment Plan (MPIP), which aims to invest US$41.3 bn in public investment projects over the next five years. The implementation of the MPIP is consistent with the government's desire to improve the medium-term competitiveness of the Thai economy. Examination of the detail behind the MPIP reveals that the funding is to come from a combination of public finances, state-owned enterprises and the business community.


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