Pheu Thai's Srettha Thavisin attends a press conference, after Thailand's parliament voted in favour of his prime ministerial candidacy, in Bangkok, Thailand August 22, 2023. REUTERS/Chalinee Thirasupa
BANGKOK: Thailand’s lower house passed a delayed 3.48 trillion baht budget bill for the 2024 fiscal year, aimed at reviving South-East Asia’s second-largest economy, currently the region’s laggard.
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.
