30.9 C
Bangkok
Friday, May 17, 2024

Government accused by Move Forward of fiddling calculation of GDP

Move Forward party-list MP Sirikanya Tansakul has questioned the government’s budgeting for the 2024 fiscal year, saying that it does not reflect the government’s claim that Thailand is facing several crises.

She also accused the government of cheating in the calculation of GDP, claiming that it will be able to achieve 5% growth in the first year of its term in office by including the inflation rate in the calculation, adding that no country has ever tried this method of calculation before.

She also noted that no money is allocated in the budget bill for several government projects which require funding, citing as one example the controversial “digital wallet” scheme, which requires about 500 billion baht in funding, to be secured through public borrowing by virtue of a loan bill.

During the debate on the government’s budget bill for 2024, Sirikanya singled out several…

Read more…

Latest Articles