Two-year budget plan backup | Bangkok Post: business

Business > News

Two-year budget plan backup

Bureau acts to keep spending on track

- +

The Budget Bureau plans to prepare a two-year budget framework for the first time in 55 years of state budgeting as a backup plan in case the political impasse drags on beyond July, its chief says. 

Government spending is among the few engines driving the economy, so the bureau is to prepare the plan to ensure that spending remains on track regardless of whether an election takes place in July, director Somsak Chotrattanasiri told the Bangkok Post.

The budget will be for the fiscal 2015 and 2016 years, he said, adding that the two-year budget is expected to be prepared alongside the fiscal 2015 budget.

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

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments