Thai parliament passes delayed US$96bil budget for 2024 fiscal year

BANGKOK: Thailand's lower house on Friday (March 22) passed a 3.48 trillion baht (US$95.6 billion) budget bill for the 2024 fiscal year, aimed at reviving aimed at reviving South-East Asia's second-largest economy.

The 2024 budget for the fiscal year ending September aims for a 9.3% rise in spending and a drop of 0.3% in the budget deficit to 693 billion baht from the previous year.