NLA gets first look at Bt2.9 trillion budget for 2018
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The National Legislative Assembly has deliberated the 2018 budget bill of Bt2.9 trillion in its first reading in which human resources development and related spending represent the biggest portion of overall expenditure.
The defence ministry’s annual budget also rose Bt8.8 billion to Bt222 billion, representing one of the top-five highest expenditures.
In the 2018 budget, which starts October 1 this year, human resources development and related expenses total Bt575 billion, followed by competitiveness and related spending of Bt476 billion, poverty reduction spending of Bt332 billion, security and related spending of Bt273 billion, and water resources, environmental protection and related spendings of Bt125 billion.
In addition, the Bt2.9 trillion budget includes fixed expenditures of Bt2.15 trillion, investment projects worth Bt650 billion and public debt repayment of Bt86.9 billion.
