Cabinet okays boost to R&D budget 

By The Nation

 

Narumon

 

The Cabinet approved a Bt37-billion funding for research and development in fiscal year 2020, Cabinet’s spokesperson Narumon Pinyosinwat said after a meeting today ( August 27). 

 

It is an addition to the research and development budget, she said, aimed at achieving a 1.5 per cent growth of the country’s gross domestic product (GDP) in 2027, from the current 1 per cent.

 

She said the Cabinet also approved the proposed policy and strategy for educational studies, research and innovation from 2020-2027.

 

Meanwhile, Narumon said the investment budget has been divided into four areas: 1) Bt11 billion on human resource and education, including developing workers' skills to match the demand of the Eastern Economic Corridor and AI for all; 2) Bt5.55 billion to boost ageing and agriculture industries; 3) Bt9.25 billion to improve the country’s competitiveness and the country’s infrastructure; 4) Bt7.4 billion in innovation, poverty eradication and city development.

 

Source: https://www.nationthailand.com/business/30375451

 

-- © Copyright The Nation Thailand 2019-08-01

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This "Government" would have to have one of the healthiest troughs I can ever remember in this country. The budgets announced over the past month are astounding! Oink Oink!

The guy on the right has legged it already with his research done of the London property market ???? 

Thats a lot of money,the spending of, looks a little fuzzy,

regards worgeordie