Thursday, August 13, 2020

Lower house approves draft budget bill

Jul 04. 2020
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The fiscal 2021 draft budget bill sailed through the House of Representatives on Friday (June 3) at 11.23pm after three days of debate on the first reading.

The draft set the budget for the next fiscal year at around Bt3.3 trillion.

Of the 476 members of Parliament present in the house, 273 MPs voted in favour, 200 voted against, three abstained from voting. The house has also appointed a special committee comprising 72 experts to revise the draft within 105 days.

Prime Minister General Prayut Chan-o-cha thanked the House of Representatives for passing the draft, and vowed to focus the use of the budget on strengthening the country’s economy, reducing disparity and promoting the development of human resources.

He also urged the newly appointed committee to carefully revise the draft based on suggestions that the MPs had presented in the past three days.

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