PUBLISHED : 27 Dec 2023 at 04:49
The cabinet has approved the Budget Bill for the 2024 fiscal year, which will now be forwarded to the House of Representatives, Prime Minister Srettha Thavisin said on Tuesday.
The bill’s first reading is scheduled for Jan 3-4, he added.
The bill seeks 3.48 trillion baht in funding for fiscal 2024, which began on Oct 1. The bill was not passed in time for the start of the fiscal year due to the transition of governments following the election.
The amount sought represents a 295 billion baht, or 9.3%, increase on the budget sought for the previous fiscal year, the PM said.
Of the 3.48 trillion baht, 2.53 trillion baht will go on the government’s fixed annual expenditure. About 118.36 billion baht, or…
