Government

Village Funds to get B99bn

As much as 99 billion baht is set to be channelled to Village Funds this year, as the government wants to beef up the local economy.The figures include 14 billion baht for projects and the 75 billion baht in debt suspension for members of the ...

Chatrudee Teeparat

Fate of govt hangs on economy

A razor-thin majority in the House will no longer be a concern for the government this year, though challenges including persistent economic problems will put its abilities to the test, academics said.The coalition government led by the Palang Pracharath Party (PPRP) has secured two more ...

Government to focus on bettering daily life in 2020

The government has resolved to focus on improving the daily lives of citizens next year, with a more targeted approach taking particular aim at farmers, low-income earners, senior citizens, employees and small and medium-sized enterprises (SMEs).The Government Spokeswoman, Prof. Dr. Narumon Pinyosinwat, said today that ...

Tarin Angskul

Political, Economic Challenges to Test Thai Government in 2020

Thai Prime Minister Prayut Chan-o-cha is confident that a civilian, pro-military government he formed in the middle of this year after five years of junta rule can complete its four-year term.But the former army chief and coup leader must deal with various veteran politicians from ...

Chananthorn Kamjan

Thai gov't approves financial aid to 5th Thai-Lao Friendship Bridge

The Thai government on Tuesday approved financial assistance to Laos for the construction of the fifth Thai-Lao Friendship Bridge linking Thailand’s northeastern province of Bueng Kan with Lao’s central province of Bolikhamsai.“The fifth Thai-Lao Friendship Bridge had been approved in principle in the Cabinet’s resolution ...

PM orders government agencies to speed up budget disbursement [Video]

The Prime Minister has instructed heads of government agencies and state enterprises to develop their fiscal 2021 budget plans, as a House committee is still vetting the 2020 budget bill.Keep watching ...

2020 budget poised to sail through House

The fiscal 2020 budget bill is expected to receive parliamentary approval early next year as the coalition government has sufficient votes from lawmakers to pass the bill, says Kobsak Pootrakool, the Prime Minister’s Office Minister.“I am confident the government will be able to pass the ...

Nuntawun Polkuamdee

Research budget gets B8bn boost

The House has reversed a decision to cut 63.7% or 8 billion baht from the annual budget requested to fund science, research and innovation.The House committee vetting the government’s 2020 budget bill was convinced by the Ministry of Higher Education Science Research and Innovation’s appeal ...

Bangkok Post Reporter

Filing for land tax to be delayed until August

Although the land and building tax will be implemented at the beginning of next year, tax filing for the measure will be scheduled for August instead of April because of some uncompleted organic laws, says the Fiscal Policy Office (FPO).The Interior Ministry, which shares responsibility ...

Wichit Chantanusornsiri

Public debt capped at 50% of GDP for fiscal 2021-24

The government vows to cap the ratio of public debt to GDP at 50% in the medium-term fiscal plan for 2021-24.The Monetary and Fiscal Policy Committee, chaired by Prime Minister Prayut Chan-o-cha, on Thursday approved the medium-term fiscal policy framework as required by the Fiscal ...

Chatrudee Theparat

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