House committee formulates 2024 budget proposal

The House committee responsible for scrutinising planning and monitoring budget expenditure is formulating a budget proposal for next year. The proposal is expected to be reviewed by the House in early January.

Natthapong Ruangpanyawut, the committee’s chair and a list MP of the Move Forward Party, confirmed that the panel is currently processing budget requests from various state agencies. These requests have been reduced to 3.48 trillion baht from an initial 5.8 trillion baht by the Budget Bureau.

The approved spending proposals are expected to be available by December 23, before they are submitted to the cabinet for approval on December 26, said Natthapong.

“We’ll compare notes to determine if the budget allocations respond to the people’s needs.”

The digital wallet scheme, Natthapong added, will not be part of next year’s expenditure…