Around January, the four central agencies—the Ministry of Finance, the
Bureau of the Budget, the Office of the National Economic and Social Development
Board, and the Bank of Thailand hold a joint meeting for purposes of budget planning.
In this conference, the implications of the annual budget and its underlying policies
are calculated in terms of surplus, balance, or deficit. Such key macroeconomic data
factors such as gross domestic product, economic growth rate, volumes of imports and
exports, inflation rate, public debt, and the financial status of the government are
considered (Pallop, 2004: 94).