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Cash reserve end of February increases

The government's cash reserve at the end of February amounted to 108,471 million baht � an increase of 83,051 million baht from January's cash reserve, said Mr Krisda Jinavijarana, director of Fiscal Policy Office.

For the first five months of the 2017 fiscal year, government's revenues amounted to 852,823 million baht against budgetary spending totaling 1,382,079 million baht, forcing the government to borrow 234,330 million baht to supplement the budgetary shortfall.

Mr Krisda said that, during the first five months of the fiscal year, 1.38 trillion baht have been disbursed from the national budget which are higher than the expenditure disbursed in the same period of the preceding fiscal year.

The increased expenditure is indicative of the government's efforts to accelerate disbursement of fund for various development projects while maintaining reserve at appropriate level, he added.

Source: Thai Public Broadcasting Service (Thai PBS)

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