April 18, 2024
The Cabinet on Thursday approved the budget bill for fiscal 2025 with government spending totalling 3.752 trillion baht, Prime Minister Srettha Thavisin said.
The weekly Cabinet meeting was postponed from Tuesday.
The bill has allocated 3.752 trillion baht for government spending in fiscal 2025, which begins on October 1.
The projected spending is divided into 2.704 trillion baht for fixed expenditure, 908.223 million baht for investments and 150.1 million baht for loan repayment.
Srettha said the budget deficit of 865.7 million baht would be offset by loans. The prime minister added that the Finance Ministry estimated Thailand’s gross domestic product for fiscal 2025 at 19.57 trillion baht.
According to the draft, the budget allocations would be as follows:
Central emergency fund: 805.745 billion baht
PM’s Office: 36.128 billion baht
Defence Ministry: 200.923 billion baht
Finance Ministry: 390.314 billion baht
Foreign Ministry: 9.014 billion baht
Tourism and Sports Ministry: 6.447 billion baht
Social Development and Human Security Ministry: 26.839 billion baht
Higher Education, Science, Research and Innovation Ministry: 132.294 billion baht
Agriculture Ministry: 123.15 billion baht
Transport Ministry: 193.618 billion baht
Digital Economy and Society: 9.887 billion baht
Natural Resources and Environment Ministry: 35.284 billion baht
Energy Ministry: 2.89 billion baht
Commerce Ministry: 7.348 billion baht
Interior Ministry: 294.863 billion baht
Justice Ministry: 29.076 billion baht
Labour Ministry: 67.772 billion baht
Culture Ministry: 8.841 billion baht
Education Ministry: 340.584 billion baht
Public Health Ministry: 172.285 billion baht
Industry Ministry: 5.589 billion baht
Government agencies under PM’s Office: 135.743 billion baht
Provinces and clusters of provinces: 24.042 billion baht
State enterprises: 145.706 billion baht
Parliamentary agencies: 8.161 billion baht
Agencies under Courts of Justice: 26.415 billion baht
Independent organisations and Office of Attorney-General: 25.513 billion baht
Local administrations: 195.637 billion baht
Other government agencies: 631 million baht
Thai Red Cross Society: 9.178 billion baht
Agencies serving the King: 8.475 billion baht
Revolving funds: 274.296 billion baht.
Source: The Nation