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General Government Fiscal Balance Report (GFS Basis) : The First half of the Fiscal Year 2019

          For the first half of 2019 (October 2018 – March 2019), general government fiscal revenue was 1,585,228 million Baht, which was 6.6 percent (98,181 million Baht) higher than the same period of last year. These were principally due to increases in the revenue from central government (including extrabudgetary funds) and local authority organisations (LAOs) by 136,943 and 23,089 million Baht, respectively. Meanwhile, general government expenditure for the first half of 2019 was 1,848,424 million Baht, which was 5.8 percent (102,061 million Baht) higher than the same period of last year. As a result, Thailand general government balance for the first half of 2019 was in deficit of 263,196 million Baht or 1.6 percent of GDP. Consequently, the consolidated general government primary balance, which principally reflected the intrinsic performance and the direction of fiscal policy, was in deficit of 176,854 million Baht, or 1.0 percent of GDP.