Delay in B2 trillion spending will affect economy, says ADB | Bangkok Post: Most recent

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ADB: B2tn spending to start in 2014

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The first budget disbursement, around 40 billion baht, under the government's two-trillion-baht infrastructure investment programme is not expected until 2014, according to the Asian Development Bank (ADB). 

Prime Minister Yingluck Shinawatra (left) examines a train model after opening the Designing a Happy Journey: Reviving Kyushu through Creativity at the Thailand Creative&Design Center exhibition at The Emporium mall on March 15, 2013. The exhibition is a collaboration between Japans Kyushu Railway Co and the TCDC and profiles the most extensive tourist railway services in Japan. Photo by Apichart Jinakul)

The delay in implementation will affect the country's overall economic performance, Craig Steffensen, country director of the ADB's Thailand resident mission said on Tuesday.

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