The cabinet approved the budget ceiling for 2026 fiscal year today, setting it at 3.78 trillion baht, an increase of 27.9 billion baht from the 2025 fiscal year.
Chirayu Huangsap, spokesman for the Prime Minister’s Office, said today that the government expects to collect revenues amounting to 2.92 trillion baht this fiscal year, leaving a shortfall of about 860 billion baht (4% of the GDP), which is to be met by borrowing.
Expenditures in the 2026 fiscal year comprise permanent expenditure (2.64 trillion baht/ 70% of the budget), replenishment of national reserves (123.5 billion baht/ 3.3% of the budget), investments {860 billion baht/ 22% of the budget) and 151.2 billion baht in loan repayments (4% of the budget).
Chirayu said that the cabinet has instructed the Finance Ministry to increase the efficiency of its revenue collection, while other state agencies have been told to spend their budgets wisely and effectively.
All state enterprises and ministries have been instructed to accelerate disbursement of their investments in infrastructure development, in an effort to convince foreign investors and the Thai private sector to increase their own investments, said Chirayu.
