Thai lawmakers pass massive US$117bil budget to revive economy


Image from The Nation Thailand/ANN

BANGKOK (Bloomberg): Thailand’s lower house of parliament passed a 3.78 trillion baht (US$117 billion) annual budget, needed to support a fragile economy that’s at risk from issues ranging from the impact of higher US tariffs to a downturn in tourism.

The budget bill for the year starting Oct 1 was backed by 257 lawmakers in the 500-member House of Representatives late Friday, following a three-day debate. A total of 229 members opposed the spending plan.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

India and Thailand reaffirm partnership for peace and prosperity
South Korea raids suspects over drone flights into North
Asean Observer Team inspects damaged hospitals, homes in north-western Cambodia
Workers Party to form disciplinary panel to determine if Pritam Singh breached party constitution
Lao Women’s Union, The Asia Foundation boost women’s role in peace, security
Indonesia aims for garlic self-sufficiency in 2029
Over 100 stolen phones recovered by Philippine police via ‘Find My Device’
S. Korea court sentences ex-PM Han to 23-year jail term in case related to martial law (update)
Two vehicles burned in early-morning clash on Myanmar highway
Lalaport Transport Hub to ease KL-Singapore bus travel

Others Also Read