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Bangkok Post
Bangkok Post
Business

YOU WONT BELIEVE: Ministry anticipates b1 2tn revenue without stimulus - You Need To See This

The MotoGP at Chang International Circuit in Buri Ram. The ministry aims to use the budget from the National Sports Development Fund to promote MotoGP 2022 in September.

Tourism revenue this year may total 1.2 trillion baht, below the government's target of 1.5 trillion, if there are no additional support or stimulus schemes as the fiscal budget for tourism in 2023 has been heavily cut, according to Tourism and Sports Minister Phiphat Ratchakitprakan.

Mr Phiphat said the proposed stimulus packages comprise a 1-billion-baht project called "Booster Shot" under the supervision of the Tourism Authority of Thailand (TAT) and a 1-billion-baht sport tourism project that aims to promote international and local sporting events around the nation.

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