Bangkok, April 22 -- Thailand's fiscal 2027 budget is projected at around 3.78 trillion THB (nearly 118 billion USD), a 2% increase from the previous year, with a focus on targeted spending and cutting unnecessary expenses, according to Prime Minister Anutin Charnvirakul.

​He said that amid a volatile global situation, particularly conflicts in the Middle East affecting energy security and the global economy, the budget must be "targeted and precise." It will follow the "10 Plus" policy framework to help the country weather challenges, lay the foundation for sustainable development, and accelerate efforts to escape the middle-income trap.

​The Government has outlined five key policy pillars: economy; foreign affairs and secu...