EXPLAINED: 5 - The Real Truth

The poor state of India’s fiscal federalism

The concerns of the founding fathers — addressing socio-economic inequities — are being forgotten in today’s fiscal policy

The Hindu · Jul 27, 2022

FPO maintains 2022 growth forecast at 3.5%

The Fiscal Policy Office (FPO) has kept its forecast for economic growth this year at an average of 3.5%, underpinned by a recovery in both the tourism sector and domestic consumption, according to the office's director-general Pornchai Thiraveja.

Bangkok Post · Jul 26, 2022

International expert to review Reserve Bank as deputy governor says households in 'fairly good position' on rate rises

An international expert on monetary policy, Carolyn Wilkins, is one of a three-member panel that will conduct a broad review of the Reserve Bank, including its objectives and the interaction of monetary and fiscal policy.

The Conversation · Jul 19, 2022

Collection surpasses target in first 7 months

The government's revenue collection in the first seven months of fiscal 2022 surpassed its target by 3.7% as a result of the expansion of product import volume, in line with the economic recovery, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.

Bangkok Post · May 25, 2022

FPO on a mission to tackle high debt, limit borrowing

The Fiscal Policy Office (FPO) plans to discourage financial institutions from enticing consumers to unnecessarily create more debt as part of its efforts to curb high household debt levels over the long term.

Bangkok Post · May 24, 2022

FPO slashes growth on energy outlook

The Fiscal Policy Office (FPO) has downgraded its 2022 economic growth forecast to an average of 3.5% from 4.0%, mainly because of the Russia-Ukraine war and its effect on domestic energy prices, says FPO director Pornchai Thiraveja.

Bangkok Post · Apr 27, 2022