Govt to meet revenue collection target this year and next: ArkhomLawmakers attend a meeting of the House of Representatives in Bangkok on Tuesday. (Photo: Government House)The government is expected to meet its revenue collection targets for the 2022 and 2023 fiscal years, helped by increased exports and a recovery in tourism, Finance Minister Arkhom Termpittayapaisith said on Wednesday. The country has lifted most Covid-19 curbs, allowing nightlife to resume from Wednesday, to revive the crucial tourism sector. The government proposed spending of 3.185 trillion baht and targets revenue of 2.49 trillion baht for the next fiscal year starting in October to aid economic recovery. Mr Arkhom said there would be more tourism revenue following a reopening to foreign visitors while higher imports would also help increase tax revenue.

Source: Bangkok Post June 01, 2022 21:50 UTC