Critics say the 2022 budget bill scheduled for debate in Parliament next week has several flaws, ranging from the size of total spending to how it is allocated.  

 

The 2022 fiscal year budget is worth Bt3.1 trillion, Bt185.9 billion less than the current 2021 budget.

 

The four ministries receiving the largest share are Education at Bt332.4 billion, Interior (Bt316.5 billion), Finance (Bt273.9 billion), and Defence (Bt203.3 billion).  

 

Falling revenue means a smaller budget 

The government has cut total spending for next year in an apparent effort to avoid breaching the threshold of 60 percent public debt to gross domestic product (GDP). Public debt is currently 54.3 percent of GDP. However, many critics insist the government needs to borrow more to deal effectively with the COVID-19 crisis.

 

Full story: https://www.thaipbsworld.com/does-2022-budget-bill-answer-the-countrys-needs/

 

-- © Copyright Thai PBS 2021-05-28

 

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IT would cover the issues, if 70% of it went to the tourism sector and the unemployed since tourism is a dead man walking.

it would if it wasnt for the fact that so much of the budget will end up in politicians bank accounts

<deleted> - Defence, should be much lower

Every baht should be accounted for. it's shocking the amount of money given to an education system that consistently under performs and is so badly equiped. I hate to think what percentage of 332.4 bn goes missing.

31 minutes ago, nikmar said:

Every baht should be accounted for. it's shocking the amount of money given to an education system that consistently under performs and is so badly equiped. I hate to think what percentage of 332.4 bn goes missing.

Estimates vary, but there seems to be a concensus that somewhere around the 30% mark is at the very least inadequately accounted for.

 

Of course it must be remembered that the education budget also funds a massively bloated uniformed beaurocracy, that will almost certainly be stuffed full of creative and informal fiscal practices. It is certainly not just the schools or teachers.

4 hours ago, ThailandRyan said:

IT would cover the issues, if 70% of it went to the tourism sector and the unemployed since tourism is a dead man walking.

 

Or, if the massive Education budget actually achieved more than all Thais speaking Thai and knowing how to be Thai (i.e. their place in the social caste).

 

If Thais were truly educated, even to the standard of Malays or closer to Singaporeans or Taiwanese, they wouldn't need to rely on whoring the culture out to the world in the form of mass tourism.

 

Alas, the elites like things just how they are now, how they have always been.

 

1 hour ago, Fex Bluse said:

If Thais were truly educated, even to the standard of Malays or closer to Singaporeans or Taiwanese, they wouldn't need to rely on whoring the culture out to the world in the form of mass tourism.

What, like Singapore doesn't have mass tourism?

Edited May 28, 20215 yr by jacko45k

Slash defence. Retire the hundreds of generals in inactive posts.  Make the serving officers that are still needed, tend their own fighting cocks, do their own gardens, wash their own cars and clean their own shoes. 

5 hours ago, herfiehandbag said:

Estimates vary, but there seems to be a concensus that somewhere around the 30% mark is at the very least inadequately accounted for.

 

Of course it must be remembered that the education budget also funds a massively bloated uniformed beaurocracy, that will almost certainly be stuffed full of creative and informal fiscal practices. It is certainly not just the schools or teachers.

 

 

Right.  The ministry has a huge budget but a large amount of this spent on salaries of non-teaching staff who contribute little or nothing to education.  There is a bloated and redundant centralised bureaucracy in Bangkok in the Education and (other ministries).  In rural schools the teachers hands are tied with rigid syllabuses and stupid rules sent down the pipe by the fat cats in Bangkok who never visit and have no idea or interest in the real needs of rural school kids.  Head teachers are forced to waste time filling out endless useless forms. There is zere accountability to the parents in the regions.  Everthing is dictated from the centre. 

Eliminate thievery and corruption and it will be a lot easier to balance the books.

 

9 hours ago, webfact said:

Falling revenue means a smaller budget 

Cannot help but hope that falling revenue could translate as opening the country sooner rather than later in order to pay for it.