Thailand's Ministry of Finance reported net government revenue of 2.61 trillion baht for the first 11 months of fiscal year 2569 (Oct 2025–Aug 2026), exceeding target by 2.3%. The Revenue Department outperformed by 3.7%, and state enterprises contributed 16.1% above last year. However, the government's budget deficit reached 810 billion baht during the period, requiring significant borrowing. This mixed picture—revenue growth alongside mounting deficits—signals fiscal pressure for SMEs and raises questions about spending sustainability.