31. The cuts will reduce spending on the army, police, education, and construction as well as lower incentives for industrial investments in outlying areas. 32. The cuts will reduce spending on the army, police, education, and construction as well as lower incentives for industrial investments in peripheral areas. 33. The fare cuts will reduce ticket prices for partial trips along international rail links, the report said. 34. Bank of Thailand Rerngchai Marakanond said the planned spending cuts would reduce the deficit but would also rein in economic growth. |