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Initially, the borrowers make up the deficit of 2.8 trillion baht.
Date Dec 23, 2020 at 6:29 PM
Big Tu begins to recover the first deficit of 700 billion baht from the 4-year plan of 2.8 trillion baht.
Mr. Dechapiwat Na Songkhla, Director of the Budget Office Announced the results of the meeting to determine the budget cap for the year 2022, with General Prayut Chan-ocha, Prime Minister and Minister of Defense as chair of the meeting, approved the 2022 budget limit of 3.1 million. Millions of baht, a decrease from the 2021 budget by 1.85 billion baht or 5.66%.
Divided into ordinary expenses of 2.35 trillion baht or 75% of the budget. Decreased from the 2021 annual spending budget, which has a credit limit of 2.53 trillion baht, estimated income of 2.4 trillion baht, loan to make up the deficit of 7 hundred billion baht, million baht, the investment budget of 6.2 billion baht or 20% of the budget. Starting in the year 2021 with an investment budget of 6.49 billion baht, repayment of the main loan of one hundred billion baht, an increase from the established year 2021 of 9.9 billion baht.
When budgeting in 2022, the Office of the National Council for Economic and Social Development (NESDB) and the Bank of Thailand (BOT) projected economic growth in 2022 of 3.5% or 17.328 trillion baht. The budget office will propose to the meeting. Cabinet (Cabinet) on January 5, 2021
In this regard, the last cabinet meeting agreed to provide four-year medium-term treasury services starting in fiscal year 2022-2025, with loans to offset the budget deficit of 700 billion baht per year, for a total of 4 years, 2.8 trillion baht.
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