State disburses 74% of investment budget - News Summed Up

State disburses 74% of investment budget


High-speed trains comprise a portion of the state investment budget. Disbursement of the state investment budget in fiscal 2022 tallied 74% of the total investment budget of 611 billion baht, the highest level over the past five fiscal years, says Kulaya Tantitemit, director-general of the Comptroller-General Department. The government set a disbursement target of 75% for the investment budget of 689 billion baht in fiscal 2023, of which 15% was achieved during the first two months of October and November. The investment budget for fiscal 2023 accounts for 21.7% of the state's total expenditure, the highest proportion since 2018. She said the department accelerated the disbursement for contractors working on state projects and eased obstacles that delayed disbursement.


Source: Bangkok Post December 26, 2022 09:21 UTC



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