Thai government’s revenue collections in the first four months of fiscal 2009, starting October last year, dropped 16.2 percent from its earlier target to about 363.7 billion baht and is expected to further retreat.
Dr.Somchai Sujjapongse, director-general of the Ministry of Finance’s Fiscal Policy Office (FPO), yesterday said the government’s revenue during the first four months of fiscal 2009 declined by nearly 70.5 billion baht from its target to some 363.7 billion baht.
Dr.Somchai disclosed that he had already informed the meeting of economic ministers of such figures and the estimation that …