Fiscal budget outline, NE projects approved

Published: 22/02/2012 at 04:24 PM
Online news: News

The cabinet on Wednesday has approved the 2013 fiscal budget framework with expenditure of 2.40 trillion baht, reports said.

The 2013 budget exceeds the 2012 budget by 20 billion baht, but the budget deficit is down from 400 billion baht in 2012 to 300 billion baht, according to the reports.

The budget framework for next fiscal year was based on the hypothesis that government revenue would increase from 1.98 trillion baht in fiscal 2011 to 2.1 trillion baht this fiscal year.

Acting government spokeswoman Thitima Chaisaeng said the cabinet also gave the green light for the implementation of 29 projects costing about 1.65 billion baht as proposed by provinces in the Northeast.

Mrs Thitima, the PM's deputy secretary-general for political affairs, said originally 190 projects were proposed by provincial governors to cabinet members during their visits to upper and central northeastern provinces.

The cabinet gave approval for only 29 projects at a total estimated cost of 1.65 million baht, she said.

The government holds a mobile cabinet meeting in Udon Thani province this week.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

About the author

: Writer: Online Reporters; Position: Online Reporters

Keep this article in your social bookmark:

Latest stories in this category:

Forum

Your comments

ricefield
Post : 1,714
Send message

Discussion 3 : 22/02/2012 at 11:10 PM3
Post this to my Facebook
Disc 2 - Traditionally the TRT/PPP have cut military budgets. I've always felt that the severe cut prior to the coupe was a major reason for it, irregardless of anything else.
Like dislike 0 people liked / 0 people disliked this comment
johninbkk
Post : 2,474
Send message

Discussion 2 : 22/02/2012 at 06:45 PM2
Post this to my Facebook
The deficit increase of 300 billion baht isn't so large considering the cost of fixing the neglected water defenses is nearly 400 billion baht of the budget.

I'm curious of what the military budget now looks like . . .
Like dislike 0 people liked / 0 people disliked this comment
subcoman
Post : 288
Send message

Discussion 1 : 22/02/2012 at 05:40 PM1
Post this to my Facebook
Abhisit Administration : double the budget of the army in 3 years.

Yingluck Administration : projects for worth B1.65bn for the poorest region of Thailand.

I suppose this is what they are refering to when they say that PT is working for the interest of only one group of person but that the Dems wasn't.
Like dislike 0 people liked / 0 people disliked this comment

Fiscal budget outline, NE projects approved | Bangkok Post: business