The implementation of the fiscal 2024 budget, starting on Oct 1, will be delayed if the new prime minister and government are not appointed within this month, according to the Budget Bureau.
Budget Bureau director Chalermphol Pensoot said if the new premier and government do not assume office in July, the entire budget for fiscal 2024 will need to be reconstructed, starting with a meeting of the Budget Bureau, the Finance Ministry, the Bank of Thailand and the National Economic and Social Development Council.
“The bureau has yet to change the fiscal 2024 budget timeline, which was originally expected to coincide with the selection process for the prime minister by parliament in July, with the new premier and cabinet expected to begin their duties in August,” said Mr…
