Thai Examiner
Vast deposits and annual income earned by the Office of the Judiciary questioned in parliament on Monday
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Veteran economic journalist and budget committee member Veera Teerapatranon questions ฿36.7bn held by the judiciary at a 2027 budget committee hearing. Courts earned ฿126m in interest while seeking ฿37.3bn as Thailand’s public finances tighten.
Key facts
- Veteran economic journalist and budget committee member Veera Teerapatranon questions ฿36.7bn held by the judiciary at a 2027 budget committee hearing
- He questioned why the judiciary sought ฿37.315 billion for 2027 while controlling vast deposits
- Veera finds ฿36.7 billion in cash and deposits and demands updated figures on judiciary holdings
- Veera questions ฿35 billion holdings and urges state finance agencies to examine future court budgets
- Tax revenue falls behind GDP growth as public debt moves steadily closer to Thailand’s 70% ceiling
- Thailand’s worsening fiscal squeeze has collided with a startling parliamentary question on Monday over ฿36.703 billion administered by the Office of the Judiciary
Summary
Thailand’s worsening fiscal squeeze has collided with a startling parliamentary question on Monday over ฿36.703 billion administered by the Office of the Judiciary. Budget committee member Veera Teerapatranon said he was shocked by the holdings and ฿126 million in annual interest income. He questioned why the judiciary sought ฿37.315 billion for 2027 while controlling vast deposits.
Thailand’s worsening public finances came under unusually sharp scrutiny in Parliament on August 17. The immediate focus was ฿36.703 billion administered by the Office of the Judiciary. Veera Teerapatranon said the scale of the holdings shocked him. Mr Veera sits on the ad hoc parliamentary committee considering the draft 2027 Budget Act.