Somchai Sujjapongse, director-general of the Fiscal Policy Office, who is also a spokesperson of the ministry, said combined revenue collection by the Revenue Department, Excise Department and Customs Department came in at is Bt5.84 billion, or 3.8 per cent higher than the target, due to above-estimate collection of value-added tax, excise duty on liquor products, and personal income tax.
The figure reflects the strength of the economy, and especially an increase in domestic consumption during the month, he said. The revision of excise structure in September also resulted in higher government revenue collection.
Meanwhile, revenue collection last month by other government units and those delivered by state enterprises were Bt1.48 billion and Bt1.29 billion or 32.5 per cent and 3.7 per cent higher than targeted, respectively.
"Despite the signs of an economic slowdown, the economic-stimulus policy through the government's investment programme will benefit the economy next year. We then believe that in the 2014 fiscal year, we will be able to achieve our revenue-collection target of Bt2.275 trillion," said Somchai.