PM set to back B3tn budget - News Summed Up

PM set to back B3tn budget


He will defend the budget in Parliament on Tuesday. Of the total, 78.2% will go towards funding fixed expenses while the rest will finance investment projects, she said, adding the coming year's fiscal budget is 85 billion baht higher than that of 2022. A sum of around 270 billion baht will be earmarked for 265 projects spanning 14 ministries and aimed at tackling poverty in five core areas of development, she said. He likened the bill to a seriously ill elephant and claimed the majority of the provisions merely address existing needs, while only 30% of the budget has been set aside for future management of the country. The government should better plan its budget to bring about the recovery of the country's economy and raise public hope, he said.


Source: Bangkok Post May 30, 2022 06:21 UTC



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