Thailand's Cabinet has approved a landmark 2024 budget, with an impressive total of 3,48 trillion baht. This step, announced by Chalermphol Pensoot of the budget office, is the run-up to final cabinet approval and parliamentary consideration. With an increased deficit, the budget aims to stimulate economic recovery, in line with national strategies.
The Thai government has unveiled an ambitious 2024 budget plan aimed at transparent and efficient financial management. Prime Minister and Minister of Finance Srettha Thavisin explained the core principles of the plan and emphasized its commitment to economic growth, the well-being of citizens and the country's future prosperity.
Thailand's budget adjusted to new government policy
The Ministry of Finance and the Budget Office are planning a meeting to review possible amendments to the Budget Act for the upcoming fiscal year. These plans are up in the air pending the policies of the newly elected government. The bill, which was approved by the previous government in March, set a state budget of 3,35 trillion baht for the fiscal year starting in October.
Budget 2015: Farmers pay off
Bangkok Post opens today with criticism of the 2015 budget. Former governing party Pheu Thai and opposition party Democrats note that the junta has cut sharply in the budget for the countryside. Freely translated: The farmers are the child of the bill.
Emergency parliament unanimously approves budget
After a four-hour debate, in which no military member of the emergency parliament (NLA) spoke, the NLA unanimously approved the 2015 budget yesterday (October 1, 2014-September 30, 2015). Coupleider Prayuth offered the budget himself.
