OFFICIALS CONFIDENT ON BUDGET DISBURSEMENT
The Comptroller General's Department has expressed confidence on the full disbursement of the government's budget for fiscal 2017- ending in October 2018 - after the nine-month disbursement reached 74.15 per cent of the total budget.
Oranuch Vinusit, an adviser in the fiscal and financial system development unit at the department, said that at the end of the third quarter of the current fiscal year, 74.15 per cent - or Bt2.03 trillion of the total budget of Bt2.73 trillion - had been disbursed. This was 0.95 per cent higher than the target of 73.2 per cent.
Of the budget disbursed, about Bt1.75 trillion was recurring expenditure accounting for 80.36 per cent of total recurring expenditure, while Bt270.67 billion was used to finance investment (excluding additional budget) and amounted to 58.31 per cent of the total investment budget planned.
In regard to the additional budget for this fiscal year, about Bt50.92 billion, or 26.80 per cent, was disbursed. Of the total additional budget disbursed, Bt47.86 billion was for recurring expenditure and amounted to 45.46 per cent of the total additional budget planned for this category, while Bt3.05 billion was for investment and amounted to 3.6 per cent of the total additional budget planned for the purpose.
