Bangkok Post
Budget bill clears first reading
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The House of Representatives on Thursday voted to advance the government's 3.788-trillion-baht national budget bill for the 2027 fiscal year, sending it to a 72-member special committee for scrutiny.
Key facts
- The House of Representatives on Thursday voted to advance the government's 3.788-trillion-baht national budget bill for the 2027 fiscal year, sending it to a 72-member special committee for scrutiny.
- The bill passed its first reading with 288 votes in favour, 119 against and 86 abstentions after three days of debate.
- Rejecting criticism over fiscal discipline, Mr Ekniti said the government had acknowledged the country's fiscal challenges and adopted a medium-term framework to reduce the budget deficit from 4.4% of GDP last year to 3% by 2029
- The target for the coming fiscal year is 3.9%, he added.
Summary
The bill passed its first reading with 288 votes in favour, 119 against and 86 abstentions after three days of debate.
The House also appointed the 72-member special committee to examine the bill before its second and third readings. The panel includes 18 cabinet ministers and MPs from coalition and opposition parties.