The Latest Breaking News from Fiscal Policy Office

The Thai economy last month recorded growing private domestic consumption, especially for durable items, alongside support from export growth, according to Fiscal Policy Office adviser Wuttipong Jittungsakul.

The Fiscal Policy Office (FPO) will continue to push for a national pension fund law to ensure employees in the formal system have sufficient savings for retirement, says director-general Pornchai Thiraveja.

The country's private consumption slowed in January month-on-month because of concern about the surge in Omicron infections, says Fiscal Policy Office deputy spokesman Wuttipong Jittungsakul.

The four phases of the government's "Khon La Khrueng" co-payment subsidy scheme are expected to inject almost 400 billion baht into the economy, according to Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.

The Fiscal Policy Office (FPO) has maintained its average forecast for Thai economic growth this year at 4%, mainly as a result of recovering domestic consumption and the tourism sector, says the office's director-general Pornchai Thiraveja.

The Finance Ministry is studying a plan to separate the retirement fund from the Social Security Fund and seek ways to more efficiently and flexibly promote the retirement fund, especially in terms of management, says Warotai Kosolpisitkul, an adviser to the Fiscal Policy Office.

The carbon tax and carbon credit markets will be major topics of discussion at the finance ministers' meeting at the Asia-Pacific Economic Cooperation (Apec) summit in Thailand this year, says Fiscal Policy Office adviser Warotai Kosolpisitkul.