Thailand's national budget bill for 2021 approved by Senate

Wednesday, 2020-09-23 11:20:59
 Font Size:     |        Print
 

Tourists watch the 2020 Phuket Surfing Contest at Kalim Beach in Phuket, Thailand, Sept. 13, 2020. The three-day contest was part of the Thai government's campaign to promote tourism and stimulate the economy. (Photo: Xinhua)
 Font Size:     |  

Thai Prime Minister Prayut Chan-o-cha on Tuesday (September 22) announced that the Senate had approved the national budget bill for fiscal year 2021 after Monday's six-hour debate in Parliament.

The draft set the budget for the next fiscal year at an estimated THB3.285 trillion (US$104.6 billion).

Prayut said many senators debated the budget allocations for several ministries and departments. However, one of the key concerns for most of the senators was the budget allocation earmarked to buy COVID-19 vaccines when they become available.

This year, many senators stressed the importance in stemming the COVID-19 pandemic and therefore have very few objections in agreeing to divert budget to solve the COVID-19 crisis, said Prayut.

Of the 224 senators present in the upper house, 218 voted in favor, no one voted against and six abstained, Prayut said.

The prime minister also expressed his gratitude to the senators for approving the bill, and pledged to use the budget efficiently and in a transparent manner for the sake of all people.

Prayut said he will submit the bill within 20 days for endorsement by His Majesty the King after which it will be announced in the Royal Gazette.

Xinhua