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NEWS UPDATES Asean Affairs    September  8,  2017  













Government spends 50.9% of state budget by August

Finance Minister Sri Mulyani Indrawati said on Thursday that up to August, the government had spent Rp 695.66 trillion (US$52.31 billion), or about 50.9 percent of its total spending plans for 2017 as stipulated in the revised state budget.

The government had spent Rp 644.71 trillion, or 49.3 percent, by the corresponding period last year.

“There is a bit of an increase in spending this year,” Sri Mulyani said before members of House of Representatives Commission XI overseeing financial affairs.

Read also: House approves 2017 revised budget

She explained that regional transfers had reached Rp 502.60 trillion up to the end of August, or about 65.6 percent of the year’s target for regional transfers.

Last year, regional transfers by August reached Rp 490.29 trillion, or about 63.20 percent of total regional transfers for that year.

Meanwhile, the state budget deficit hit 1.64 percent of gross domestic product (GDP), or about Rp 224.35 trillion, by August, compared to 2.09 percent, or Rp 261.47 trillion, last year.


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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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