webfact Posted September 27, 2023 Share Posted September 27, 2023 Yesterday, the Thai government approved a massive investment budget of 500 billion baht dedicated to 46 state-owned enterprises for the fiscal year 2024, commencing this October. The substantial budget aims to stimulate the national economy and bolster fiscal growth. Government spokesperson Chai Wacharonke detailed the budget allocation, stating that the funding includes 209 billion baht earmarked for ongoing and routine projects. Furthermore, an additional 50 billion baht will be disbursed within the fiscal year. In a further breakdown, Chai noted that state enterprises classified as public companies and subsidiaries (totalling five) are set to receive 241 billion baht. These entities will also benefit from an extra 50 billion baht in expenditure during the year. The overall budget allocation for achieving routine objectives comes to a whopping 1.38 trillion baht. by Alex Morgan Photo: Freepik Full story: The Thaiger 2023-09-27 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe 2 Link to comment Share on other sites More sharing options...
retarius Posted September 27, 2023 Share Posted September 27, 2023 Why not give it to Thai Airlines and let them pee it all away? Link to comment Share on other sites More sharing options...
Sydebolle Posted September 27, 2023 Share Posted September 27, 2023 Thailand's tax income must be enormously better than anticipated by one and all - well done! Link to comment Share on other sites More sharing options...
hotchilli Posted September 27, 2023 Share Posted September 27, 2023 6 hours ago, webfact said: In a further breakdown, Chai noted that state enterprises classified as public companies and subsidiaries (totalling five) are set to receive 241 billion baht. These entities will also benefit from an extra 50 billion baht in expenditure during the year. Identified as who? 1 Link to comment Share on other sites More sharing options...
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