"Budget"

The draft fiscal 2022 budget bill was approved in principle by the House of Representatives in a vote on Wednesday night.

The opposition, led by Pheu Thai and Move Forward parties, are getting ready to attack the government over the 2022 national budget in Parliament from Monday.

The Cabinet on Tuesday approved 311.65 million baht from the 2021 central budget to combat the wave of Covid-19 infections sweeping through Thai prisons and detention centres.

The Defence Ministry on Monday said that each ministry has different missions and responsibilities, and therefore the budgets allotted to each of them should not be directly compared.

A draft budget of THB3.1 trillion for fiscal year 2022 has been approved by the Cabinet and will now be put before the House of Representatives.

The government’s Regional Development Committee and Provincial Development Committee recently approved a budget of Bt63.59 billion for development projects in all six regions in fiscal year 2022, a source revealed.

The Marine Department is planning to seek Bt18.7 billion in funding for fiscal 2022, of which Bt1.25 billion will be earmarked for operations and Bt17.45 billion as capital budget, a source said on Friday.

The Thai stock market is expected to face sell-offs in the final week of the year, as new cases of coronavirus infections soar, Anusorn Tamajai, former dean of Rangsit University’s Economics Faculty, has warned.

The Cabinet on Tuesday agreed to earmark Bt1.78 billion to fund two projects to boost the grassroots economy, government spokesperson Anucha Burapachaisri said.

The Cabinet on Monday gave the green light to projects aiming to revive the economy in the fallout of Covid-19 outbreak, government spokesman Anucha Burapachaisri said.

SINGAPORE - Singapore is unlikely to see a Budget surplus next February given the ongoing economic crisis, and even a balanced Budget will be very hard to achieve, said Prime Minister Lee Hsien Loong on Tuesday (Nov 17).

State transport agencies have asked the Transport Ministry for more than Bt600 billion for the 2022 fiscal year.