Thailand's upper house approves 96 bln USD fiscal budget bill-Xinhua

Thailand's upper house approves 96 bln USD fiscal budget bill

Source: Xinhua| 2024-03-26 20:38:30|Editor: huaxia

BANGKOK, March 26 (Xinhua) -- Thailand's Senate on Tuesday approved a delayed budget bill worth 3.48 trillion baht (96 billion U.S. dollars) for the 2024 fiscal year.

The upper house of the Thai parliament passed the budget bill for the current fiscal year beginning October 2023 with 186 votes in favor and two abstentions, paving the way for royal endorsement before it takes effect.

The government previously said that the budget should be ready for disbursement starting early next month. The lengthy political gridlock following last May's general elections slowed the process.

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