The Latest Breaking News from The Finance Ministry

Thailand's financial and treasury fiscal fundamentals remained solid in the first eight months of fiscal 2023, with revenue collection exceeding the government's target by up to 122 billion baht.

Tech giant to build third factory in Kiryat Gat, boosting Israeli economy and exports.

This restriction has been hampering funds flow from the Central government, and with the cap going, the State government will be able to expedite the execution of the project, says Shashibhushan Kumar, Principal Secretary, Water Resources Department

The Ministry of Finance gives its in-principle nod for release of ₹2,000 crore towards the cost of repairing the damages caused to the irrigation project by the Godavari floods

The Finance Ministry has revoked a securities business licence of Asia Wealth Securities (AWS), as proposed by the Securities and Exchange Commission (SEC) for misuse of client funds without permission.

The Finance Ministry, in collaboration with the Thai Chamber of Commerce and the Rubber Authority of Thailand, has signed a letter of intent for the Capital Flow in Rubber Industrial Estate project to boost the international competitiveness of entrepreneurs in the rubber supply chain.

Handling the purse

The Finance Ministry reported government revenue collection for the first seven months of fiscal 2023 (October to April) exceeded the target by 112 billion baht, mainly contributed by agencies other than the Revenue Department, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.

The business sector is calling for the new government to appoint appropriate leaders to take the helm at economic ministries, in particular the Finance Ministry, as they want to see the country progress without interruption amid several internal and external challenges.