Thailand Budget

Baht soars to 3-year high against Singdollar – but can its strength persist?

Thai currency’s rise is fuelled by a soft US dollar, recent Fed easing and sharp acceleration in gold prices

The plan projects a 0.2 per cent rise in spending and an 8.37 per cent drop in the deficit for the 2027 fiscal year starting on Oct 1, 2026.

Thai Cabinet approves US$117 billion budget plan for 2027 fiscal year

[BANGKOK] Thailand’s Cabinet on Tuesday (Nov 25) approved a US$116.7 billion budget plan for the 2027 fiscal year, government spokesperson Siripong Angkasakulkiata said.

The baht is down as much as 0.6 per cent to 31.92 against the greenback after the report, the most since Jul 31.

Thailand to weigh tax on gold trades to slow baht rally

Officials are discussing ways to tax gold bought and sold through various online channels and settled in baht

The budget outlay – about one-fifth of Thailand’s US$550 billion economy – is seen as crucial to offsetting the impact of higher US tariffs and a downturn in the key tourism sector.

Thai Senate clears 3.78 trillion baht budget as parties scramble to form government

The plan is slightly higher from a year ago and projects a deficit of 860 billion baht, or 4.3 per cent of gross domestic product

The government is set to inject an additional 48 billion baht (S$1.87 billion) into the economy over the remaining three months of the current fiscal year says Thailand's  Finance Minister Pichai Chunhavajira.

Thai budget Bill, spending to move as planned

The US$115 billion budget Bill for the fiscal year beginning Oct 1 is on track to be passed by parliament by the end of August

Thailand Prime Minister Paetongtarn Shinawatra speaks during a parliament session on the budget for 2026 fiscal year in Bangkok on 28 May.

Thailand PM presents 3.78 trillion baht budget to parliament to support lacklustre economy

The budget is expected to pass, but comes amid tensions in the Pheu Thai Party-led coalition

The budget bill, which proposes a 4.2 per cent increase in state spending from Oct 1, was backed by 174 senators in the 200-member Senate on Monday.

Thailand’s US$110 billion annual budget gets Senate approval

The budget outlay is equivalent to about a fifth of the nation’s US$500 billion economy

Two former central bank governors have said that the Pheu Thai Party's plan is fiscally irresponsible.

Thailand has funds to finance US$13.8 billion handout scheme, official says

It plans to disburse 10,000 baht each to about 50 million Thais