Prime Minister Anutin Chanvirakul on Monday unveiled the 3.788‑trillion‑baht 2027 budget, saying the plan must tackle economic, social, environmental and security challenges while easing long‑term fiscal burdens. The framework, endorsed last week, set expenditures at 3.78 trillion baht, a deficit of 788 billion and estimated revenue of 3 trillion.
Mr Anutin said the budget would support government policies and public needs while adhering to the medium‑term fiscal strategy for 2027-2030. Agencies were asked to submit requests responsibly, keeping increases within 20% of the previous year and prioritising investment.
Despite the deficit, he said the government intended to reduce it gradually to limit future burdens and maintain debt at appropriate levels, urging ministries to maximise efficiency. Targets were set to cut the deficit to no more than 3% by fiscal 2029 and keep debt below 70% of GDP.
Five priority areas were economy, foreign affairs, social issues, natural disasters and administration. On the economy, the focus would be recovery through short‑term stimulus and long‑term restructuring. Recent measures aimed to inject at least 100 billion baht in the fourth quarter.
Investment policies would promote sustainable finance, expand the green‑economy supply chain and increase income opportunities for farmers, while tourism support would continue as a key driver. In foreign affairs, the government would manage risks from global trade tensions and accelerate Thailand’s bid to join the OECD by 2030 to strengthen confidence among partners.
The government also remained committed to resolving border issues peacefully, intensifying efforts to restore peace to the deep South and strengthening Thailand’s role in international forums. On social issues, it would step up enforcement against scams, gambling, transnational crime and narcotics, while addressing exploitation and corruption through legal action and transparency.
As for natural disasters and the environment, the government would strengthen early‑warning systems and speed up relief, while its agenda included measures to help Thailand meet its net‑zero target by 2050. Mr Anutin encouraged agencies and the private sector to hold year‑end events in flood‑hit provinces to stimulate local economies. He also instructed agencies to expedite relief measures so assistance would reach affected communities quickly.
He said the government and Budget Bureau would design allocations that support public needs, with strategies to help people cope with disaster risks. On public‑sector administration, he said the government would support a more efficient and transparent system, with agencies required to modernise operations through digital tools, higher efficiency and stronger monitoring.
