Jump to content
BANGKOK
webfact

Transport Ministry served up large piece of 2021 national budget pie

Recommended Posts

Transport Ministry served up large piece of 2021 national budget pie

By THE NATION

 

800_35b19cb67fd3438.jpg?v=1593609571

Transport Minister Saksayam Chidchob

 

The Transport Ministry has secured Bt231.924 billion for the 2021 fiscal year, up 17.64 per cent from the previous fiscal year, Transport Minister Saksayam Chidchob said on Wednesday (July 1).

 

Of the total budget, Bt186.359 billion will be spent on land transport projects, 16 per cent more than the funds earmarked in the 2020 fiscal year, while Bt33.603 will be spent on railway projects, up 28 per cent. The ministry has also earmarked 16 per cent more for waterway projects at Bt4.867 billion and Bt6.120 billion for aviation projects, up 3 per cent.

 

The top five agencies with the highest allocation of funds are Highways Department at Bt128.577 billion, up 22 per cent, Department of Rural Roads Bt49.465 billion, up 9 per cent, and the State Railways of Thailand Bt18.108 billion, up 33 per cent. The other two are the Mass Rapid Transit Authority of Thailand with a budget of Bt15.367 billion and Department of Airports Bt5.799 billion, up 8 per cent.

 

“I have instructed every agency to be well prepared for the annual budget bill debate in Parliament,” the minister said. 

 

Meanwhile, members of the opposition Move Forward Party attacked the government for allocating a huge chunk of the national budget, Bt223.5 billion, to the Defence Ministry.

 

Lawmakers began debating on the bill on Wednesday. The government plans to spend Bt3.3 trillion, 3.1 per cent higher than the budget for the current fiscal year, which comes to an end on September 30. The government plans to continually run fiscal deficit , or Bt623 billion shortfall from expected revenue, representing about 4 per cent of the GDP as the government aims to boost the economy that has been severely affected by the Covid-19 fallout. 

 

Source: https://www.nationthailand.com/business/30390622

 

nation.jpg

-- © Copyright The Nation Thailand 2020-07-02
 

Share this post


Link to post
Share on other sites
48 minutes ago, webfact said:

The Transport Ministry has secured Bt231.924 billion for the 2021 fiscal year, up 17.64

and the transport minister just put in an order for the most expensive, newest mercedes for each member of his family and all his friends

  • Like 2

Share this post


Link to post
Share on other sites
Posted (edited)

More of: Same old same old! 

images.jpeg

Edited by Grumpy John
  • Haha 1

Share this post


Link to post
Share on other sites
58 minutes ago, Grumpy John said:

More of: Same old same old! 

images.jpeg

No doubt that happens but you are aware that there a lot of transport infrastructure projects actually happening, right?  Tons of them, nationwide.

  • Like 1

Share this post


Link to post
Share on other sites
4 hours ago, josephbloggs said:

No doubt that happens but you are aware that there a lot of transport infrastructure projects actually happening, right?  Tons of them, nationwide.

I am aware!  But not everything is being paid for with public funds from tax revenue but much from loans and private/public projects. 

  • Haha 2

Share this post


Link to post
Share on other sites

And he and his family start singing" Were in the money, were in the money"

Share this post


Link to post
Share on other sites
5 hours ago, josephbloggs said:

No doubt that happens but you are aware that there a lot of transport infrastructure projects actually happening, right?  Tons of them, nationwide.

And they all start with the same words... looking for investors!

Share this post


Link to post
Share on other sites

Bigger faster roads , quicker deaths 

Share this post


Link to post
Share on other sites
10 hours ago, webfact said:

The Transport Ministry has secured Bt231.924 billion for the 2021 fiscal year,

I bet Sino-Thai Construction will gain much of this!!!

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...