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National security spending up as Bt3.2-trillion spending budget gets Cabinet nod

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National security spending up as Bt3.2-trillion spending budget gets Cabinet nod

By THE NATION

 

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Government Spokeperson Narumon Pinyosinwat (Photo credit: Royal Thai Government website)

 

The Cabinet on Tuesday (September 3) gave the green light for an expenditure budget of Bt3.2 trillion in fiscal 2020, up 6.7 per cent from the previous fiscal year, Government Spokeperson Narumon Pinyosinwat said.

 

The expenditure budget is divided into seven parts in accordance with the seven national strategies.

 

1. 13.4 per cent of the expenditure budget, or Bt428 billion, is allocated for national security. The budget for national security in the previous fiscal year was Bt321.78 billion;

 

2. 11.8 per cent, or Bt380 billion, has been allocated for improving national competitiveness;

 

3. 17.9 per cent, or Bt570 billion, is allocated for development of human resources;

 

4. 23.9 per cent, or Bt766 billion, will cater to promotion of social equality;

 

5. 3.7 per cent, or Bt118 billion, will promote quality of living; 

 

6. 15.8 per cent, or Bt500 billion, is allocated for the improvement of state management; 

 

7. 13.5 per cent, or Bt431 billion, is reserved for unexpected spending in the future such as emergency and debt management.

 

The budget deficit has risen by 4.2 per cent year on year to Bt469 billion.

 

The government has set the central budget, a contingency fund, at Bt518 billion.

 

The Education Ministry gets the highest allocation with Bt368 billion, Interior Ministry gets Bt353 billion, Finance Ministry gets Bt249 billion, Defence Ministry gets Bt233 billion, Energy Ministry gets Bt2.158 billion and Industry Ministry gets Bt5.363 billion.

 

Of the total central budget, Bt400 billion is for pension payments to retiring officials and medical expenses of the officials, Budget Bureau director-general Dechapiwat na Songkhla said.

 

The budget under the purview of the prime minister has been retained at Bt100 billion, the same as in the previous fiscal year, he added.

 

Source: https://www.nationthailand.com/news/30375803

 

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-- © Copyright The Nation Thailand 2019-09-03
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hardly a day goes by without these oafs mentioning national security.

They seem obsessed by the term.

 

Change the record guys, it's really getting on my nerves.

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i feel warm and fuzzy already..

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12 hours ago, snoop1130 said:

4. 23.9 per cent, or Bt766 billion, will cater to promotion of social equality;

 

5. 3.7 per cent, or Bt118 billion, will promote quality of living; 

Social equality, for whom?
Quality of life, for whom?
A lot of money that will never arrive where it would be expected!

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Never any money for anything worthwhile in any country, except National bloody Security!

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11 hours ago, kellersphuket said:

hardly a day goes by without these oafs mentioning national security.

They seem obsessed by the term.

 

Change the record guys, it's really getting on my nerves.

Are you referring to Thailand or just anywhere in the world.

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12 hours ago, snoop1130 said:

The Education Ministry gets the highest allocation with Bt368 billion,

Does this mean students will get imported rib eye steak with their Mama noodles for lunch?

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I just cringe to see the amount of money that will be spent on national security and managed by the Interior Minister who has past history of dodgy military procurements when he was army chief. Just see how willing and open he is to parliament oversight and scrutiny. Maybe just maybe he will voluntarily declare his assets. 

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25 minutes ago, 30la said:

Social equality, for whom?
Quality of life, for whom?
A lot of money that will never arrive where it would be expected!

The provencel goveners and village chiefs

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30 minutes ago, 30la said:

 
A lot of money that will never arrive where it would be expected!

I have a feeling most of the money will arrive at exactly where it is expected! The trough!

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can't help but think growing your budget by more than 100% more than your country growth is asking for eventual trouble 

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1 hour ago, Oziex1 said:

Are you referring to Thailand or just anywhere in the world.

Anyone who uses that archaic term.

It's becoming a bad joke that no-one laughs at.

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