Thai Economy NewsThailand Politics

Investment budget trimmed

The cabinet yesterday reduced the investment budget to Bt1.06t from Bt1.4t for programmes intended to revive the economy over the next three years. Of the revised total, Bt824.2b will be spent by the government and Bt239.5b by state agencies and enterprises. About Bt27b would be spent in the current fiscal year ending Sept 30 and the rest in the following years, Prime Minister Abhisit Vejjajiva said yesterday. (Bangkok Post)

ThaiVest Editorial Team