Revenue collection lags pre-Covid level

Quick Summary:

The government's revenue collection remains below the pre-Covid period and lower than that of emerging economies, according to the Fiscal Policy Office (FPO).

The source also noted that debt-related risks remain elevated, driven by persistently high public debt levels and a weakened debt repayment capacity compared with the pre-pandemic period.

Expenditure-related risks remain under pressure from rising debt service, ongoing obligations and rising welfare spending, particularly repayments to the treasury, interest payments, healthcare costs and pension-related expenses, according to the source.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Remains Revenue Collection Period Government Compared Risk Debt Source Rising Fiscal

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 06:31:00 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 785 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 28421032

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 14 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 10 hours ago

Coverage Areas: Thailand

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News Language: English

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Publisher ID: #66

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