FRIDAY, March 29, 2024
nationthailand

Nod to state units’ investment budget

Nod to state units’ investment budget

The Cabinet approved state enterprises' investment budget and framework totalling Bt2.058 trillion for the fiscal year 2019 at its meeting yesterday, Thosaporn Sirisumphand, director-general of National Economic and Social Development Board (NESDB), said after the meeting.

He added that the state-enterprise investment budget and framework will cover 55 state enterprises under 16 ministries which had submitted their investment budget to the NESDB.

The framework consists of a proposed investment budget of Bt2.058 trillion and a disbursement limit for actual investment of Bt638.94 billion.

State-enterprises’ net operating profit is expected to rise by 18 per cent year-on-year to Bt117.11 billion with estimated revenue of Bt2.04 trillion and estimated expense of Bt1.93 trillion in the fiscal year 2019.

nationthailand