Initially, borrowers compensate the deficit of 2.8 trillion baht.
Date 23 Dec 2020 at 18:29
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Big Tu begins to recover the first 7 hundred billion baht deficit from the planned 4 years of 2.8 trillion baht
Mr. Dechapiwat Na Songkhla, Director of the Budget Office Announced the results of the meeting to determine the budget limit for the year 2022, with General Prayut Chan-ocha, Prime Minister and Minister of Defense as the chairman of the meeting, approved the 2022 budget budget limit of 3.1 million. Million baht, a decrease from the budget of 2021 by 1.85 billion baht or 5.66%.
Divided into regular expenditures of 2.35 trillion baht or 75% of the budget. Decreased from the annual expenditure budget of 2021, which has a credit limit of 2.53 trillion baht, estimated income of 2.4 trillion baht, loan to compensate the deficit of 7 hundred billion baht, million baht, the investment budget of 6.2 hundred billion baht or 20% of the budget. From the year 2021 with an investment budget of 6.49 billion baht, repayment of the principal loan of 1 hundred billion baht, an increase from the set year 2021 of 9.9 billion baht.
Budgeting in 2022, the Office of the National Economic and Social Development Council (NESDB) and the Bank of Thailand (BOT) projected economic growth in 2022 at 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 latest cabinet meeting agreed to provide four-year medium-term treasury services from the fiscal year 2022-2025, with borrowing to compensate the budget deficit of 7 hundred billion baht per year, totaling 4 years 2.8 trillion baht.
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