Budget faces few hurdles

Budget faces few hurdles

MPs take part in the budget debate on Wednesday. (Photo by Apichart Jinakul)
MPs take part in the budget debate on Wednesday. (Photo by Apichart Jinakul)

The 3.2-trillion-baht budget for the 2020 fiscal year is expected to be submitted for royal endorsement this month, Deputy Prime Minister Wissanu Krea-ngam said on Monday.

The bill, which was passed by the House of Representatives on Saturday, will first be forwarded to the Senate which has up to 20 days to consider the bill.

However, the Senate will meet next Monday and is expected to finish its consideration of the bill on that day because the upper House also set up its own committee to study the budget, alongside the House vetting committee, Mr Wissanu said.

He added that the Senate can only endorse or reject the bill and then send it back to the government to submit for royal endorsement within seven days.

On Saturday, the 55-section bill sailed through its third reading with 253 votes of support, zero objections and 196 abstentions. One MP did not cast a vote.

The vote was cast hours after the House resumed its marathon debate which began on Wednesday.

Wirote Lakkana-adisorn, a list MP of the Future Forward Party (FFP), yesterday criticised state agencies' spending of the so-called money outside of the scope of the budgeting system.

He was speaking at a seminar on the national budget organised by the FFP in Bangkok.

He said that the Finance Ministry has some 4.5 trillion baht outside the budget, including revolving funds, which is more than the national budget itself.

Mr Wirote questioned the transparency of the spending of such money, adding that it should go towards local development. 

Also speaking at the seminar, FFP leader Thanathorn Juangroongruangkit said that the national budget is needed to address major problems besetting the country.

He said superfluous budgets, such as the navy's 36 billion baht plan to buy three submarines from China, should be cut.



Do you like the content of this article?
COMMENT (1)

Thai 'injured' during Israel-Palestine conflict

The violence in Israel has affected Thais living there, with one injured in the conflict, Foreign Ministry spokesman Tanee Sangrat said on Wednesday.

12 May 2021

Malaysia raises alert over spiking Covid-19 cases

KUALA LUMPUR: The Malaysian Health Ministry on Wednesday cautioned that the country has yet to see the worst of a current surge in coronavirus cases, as it reported its highest daily death count to date.

12 May 2021

Philippines flags 'incursions' by nearly 300 Chinese militia boats

MANILA: The Philippines on Wednesday reported what it said were incursions into its exclusive economic zone (EEZ) by 287 maritime militia vessels from China, in a further sign of cracks reappearing in a relationship after a period of rapprochement.

12 May 2021