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B1.7t Budget Bill Gets Green Light

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The cabinet has approved a 1.7-trillion-baht budget bill for fiscal year 2010 and the money should be available at the beginning of October, Prime Minister Abhisit Vejjajiva said on Tuesday.

The government would convene an extraordinary session of the House of Representatives to pass the bill in mid-June.

He said 1.436 trillion baht, or 84.5 per cent of the total budget, was allocated for fixed costs, with about 12.5 per cent, or 212,689.2 billion baht, set aside for investment spending.

http://www.bangkokpost.com/breakingnews/14...ets-green-lightpostlogo.jpg

-- Bangkok Post 19/05/09

  • Author

New roads for Samui please .

What do they mean by "investment spending"

Every year is see huge amounts of money earmarked for this.

Is it "tea money" of sorts?

Do they invest in their own country?

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