Government to increase budget by B90bn in 2022
The government plans to increase its investment budget by 90 billion baht in fiscal 2022, in compliance with a law related to state financial and fiscal discipline, says Dechapiwat Na Songkhla, director of the Budget Bureau.
The House of Representatives is scrutinising the fiscal 2022 budget, which has an expenditure budget of 3.1 trillion baht, accounting for 17.9% of GDP.
The bill projects revenue worth 2.4 trillion baht, which means the government would need to borrow 700 billion baht to offset the deficit.
Bangkok Post Reporter
