Lanta & News
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National

Parliament Unanimously Approves 10.3 Billion Baht Budget Transfer

Parliament unanimously approved a 10.3 billion baht budget reallocation bill in 15 minutes, consolidating funds from 118 units into a central reserve to address urgent challenges including border security, climate change, and economic volat

Parliament Unanimously Approves 10.3 Billion Baht Budget Transfer
2 Jul Khaosod

Parliament unanimously approved a 10.328 billion baht budget transfer bill in just 15 minutes on July 2, 2569, with Deputy House Speaker Mallika Jirapongphanit chairing the session. The special committee, headed by Deputy Prime Minister Ek Niti Nitithumprapat and the Finance Minister, had already completed its review of the five-article bill, which consolidates allocations from 118 budget-receiving units into a central reserve fund. The reallocation aims to enable efficient budget management and address urgent national challenges Thailand faces in fiscal year 2569, including geopolitical conflicts, border security issues, financial market volatility, climate change, and disasters affecting infrastructure, energy prices, and cost of living.

The bill proceeded without amendments, allowing Parliament to breeze through agenda item 2 with only 30 seconds spent reading the details. The final vote on agenda item 3 passed with 449 votes in favor, zero against, and two abstentions. The committee noted recommendations for the government to ensure cost-effectiveness and legal compliance, while suggesting the Budget Bureau establish systematic measures to prevent repeated budget lapses or reversals and review allocation, procurement, and project management processes. Parliament completed both readings in 15 minutes total, after which the bill proceeds to the Senate for further consideration.

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