continued to expand from the increase in domestic machinery sales and the increase in number of registered vehicles for investment. Public spending also continued to improve from the first half of the year
continued to expand from the increase in domestic machinery sales and the increase in number of registered vehicles for investment. Public spending also continued to improve from the first half of the year
equipment in line with the import of capital goods which partly stemmed from the relocation of the manufacturing base of hard disk drive to Thailand earlier. Meanwhile, public spending in capital expenditure
the decline in import of capital goods and the number of registered vehicles. Public spending excluding transfers contracted yoy from current expenditures while capital expenditures grew from the
import of capital goods and the number of registered vehicles. Public spending excluding transfers contracted yoy from current expenditures while capital expenditures grew from the expenditures of state
, public spending excluding transfers also contracted in both current and capital expenditures partly due to the delay of FY2020 budget. Exports for 1Q20 grew slightly at 0.9% compared to the same period
persistently experienced a high contraction due to the international travel restrictions. However, economic activities during that period were supported by the expansion of public spending, together with the
consumption picked up across all spending categories thanks to improvements in domestic demand supported by various government stimulus measures. Private investment expanded at a higher rate, driven by real
categories from the slowdown in domestic and external demands and also from the lower business sentiment impacted by the outbreak. Meanwhile, public spending excluding transfers also contracted in both current
)% (490)% Net working capital on acquired / sold assets (147) 10 (142) (1,547)% (4)% Maintenance capex (133) (50) (60) (164)% (123)% Cash Flow After Strategic Spending (1,785) 24 (253) (7,524)% (606)% Net