Set up a slow government to slow spending on the 2024 budget in the first quarter of next year.

Bangkok, Aug. 2 – Scholars are afraid of slow government establishment, affecting investment in both public and private projects. In particular, disbursement of the 2014 budget will be used for government investment. actually in the first quarter of next year instead

Mr. Piti Disyatat, Assistant Governor Monetary Policy Group The Bank of Thailand or the BOT said that the establishment of a new government, regardless of which party believe that now will have to wait for clarity But if it is too late, it will make investment decisions. In particular, the private sector will slow down as well as investment in several government projects that will slow down in line with Obviously, the government budget disbursement according to the 2024 budget framework will be delayed until the first quarter of next year. Equal to the budget that was disbursed late on October 1, 2023, but will be used in the first quarter of 2024 instead.-Thai News Agency

Source: Thai News Agency