Thai Parliament passes US$106bil budget in boost for economy


The 3.2 trillion baht (US$106bil) spending plan received the backing of 253 lawmakers on Saturday in Bangkok, with 196 abstaining. Outlays were supposed to start Oct. 1 but were delayed by government formation and the legislative process after last year’s general election, which ended a prolonged period under a junta.

BANGKOK: Thailand’s parliament approved the annual budget after a months-long delay, providing a fillip for the country’s struggling economy.

The 3.2 trillion baht (US$106bil) spending plan received the backing of 253 lawmakers on Saturday in Bangkok, with 196 abstaining. Outlays were supposed to start Oct. 1 but were delayed by government formation and the legislative process after last year’s general election, which ended a prolonged period under a junta.

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Thailand , Big Budget , Approved

   

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