Thai lawmakers greenlight delayed $101bn fiscal budget

Srettha government allocates 20% to investment in narrow spending window

2024-01-05 Thai budget.JPG

Thai Prime Minister Srettha Thavisin delivers policy statements to parliament in September after a monthslong delay in the formation of a government. © Reuters

FRANCESCA REGALADO, Nikkei staff writer

BANGKOK -- Thailand's House of Representatives on Friday night approved the 2024 fiscal budget's first reading after a three-month delay, giving the Pheu Thai-led government limited time to disburse 3.48 trillion baht ($101 billion) to spur economic growth.

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