Wednesday, September 23, 2020

Budget disbursement surpasses target

Jun 06. 2020
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By THE NATION

The disbursement of the fiscal 2020 budget from October last year to May 29 this year exceeded the target, according to the Comptroller-General's Department.

The disbursement during the period was Bt2.259 trillion, accounting for 70.61 per cent of the total budget of Bt3.2 trillion. This exceeded the targeted of 69.33 per cent by 1.28 percentage point, the department deputy director-general, Wilawan Payanoi, said.

Of the total, Bt338.861 billion is state investment, and Bt1.914 trillion was regular expenditure.

The move is in line with the government's policy urging state agencies to accelerate spending, aiming to shore up the flagging economy.

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