News

The Bank of Thailand (BOT) has told a committee of lawmakers to consider the fiscal 2023 budget bill as the country’s economy is showing steady improvement and the trend was likely to continue in 2023.The BOT cited major contributions to the economic recovery from increasing ...

House Speaker Chuan Leekpai says parliament will convene on Aug 18-20 to deliberate the budget bill for the 2022 fiscal year, despite the Covid-19 pandemic.He and Senate Speaker Pornpetch Wichitcholchai agreed that parliament would postpone its meetings scheduled for this week and Aug 4-5 due ...

The 2020 budget bill which has passed the House of Representatives and the Senate will be submitted to His Majesty the King and is expected to be usable from next month.Keep watching ...

A meagre 25 billion baht in investment budget was doled out in the first three months of fiscal 2020, as the months-delayed 3.2-trillion-baht budget bill has yet to be enforced, says a source at the Finance Ministry who requested anonymity.The disbursed budget accounted for 4.4% ...

The government has a contingency plan worked out to mitigate any legal or technical impacts from the Constitutional Court’s ruling on Friday on the validity of the Budget Bill, says Deputy Prime Minister Wissanu Krea-ngam.Mr Wissanu admitted he has been kept in suspense waiting for ...

The Prime Minister has instructed heads of government agencies and state enterprises to develop their fiscal 2021 budget plans, as a House committee is still vetting the 2020 budget bill.Keep watching ...

The fiscal 2020 budget bill is expected to receive parliamentary approval early next year as the coalition government has sufficient votes from lawmakers to pass the bill, says Kobsak Pootrakool, the Prime Minister’s Office Minister.“I am confident the government will be able to pass the ...

In a few months’ time, the current Thai government’s position could be hanging in the balance. This is thanks to the country’s 3.2-trillion-baht (US$105.6 billion) fiscal 2020 budget which will have its third reading on 9 January next year. The 2020 fiscal year began on 1 ...

The opposition attacked government spending plans for favouring the Defence Ministry and imposing “ineffective” economic stimulus measures, as three days of debate on the budget bill began in the House on Thursday.Prime Minister Prayut Chan-o-cha defended the budget in its first reading, insisting national security ...

The government and opposition parties will have separate meetings on Tuesday as they gear up for Thursday’s debate on the 3.2-trillion-baht budget bill for the fiscal year 2020.The vote on the budget bill will be a high-stakes battle between the Phalang Pracharath Party (PPRP)-led coalition ...