State budget disbursements for FY 2016 hits Bt1.05 trillion, ahead of last year’s levels

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/business/State-budget-disbursements-for-FY-2016-hits-Bt1-05-30278380.html

BUDGET

Government budget disbursements for fiscal 2016

The accelerated pace of disbursements reflects the steady flow of public spending into the economy, Manas Jamveha, director-general of the Comptroller-General’s Department, said yesterday.

Disbursements in the first four months of fiscal 2016 were 38.6 per cent of the total budget of Bt2.72 trillion.

Regular disbursements were Bt960.45 billion, or 44.2 per cent of the total budget of Bt2.17 trillion, while investment-related expenditures were Bt88.18 billion, or 16.2 per cent of the total budget of Bt544.35 billion.

The disbursements are meeting targets in line with the government’s economic stimulus policy.

The projected Bt1.15-trillion disbursements for the entire fiscal year should surpass the Bt1.06 trillion achieved in fiscal 2015.

The government’s economic stimulus projects planned for this year that have already been partially funded are the support fund for provincial communities (Bt36.46 billion so far), urgent financial assistance for farmers and poor people (Bt3.19 billion), assistance for agricultural cooperatives and farmers to acquire necessary farming tools and equipment (Bt254 million) and funding for the government’s small investments nationwide (Bt39.75 billion).

Disbursement of state budgets was facilitated by solving problems and obstacles impeding such disbursements and extending the office hours of provincial budget offices nationwide to provide disbursement services to provincial state agencies.

The fiscal 2016 state budgets are on course to be fully disbursed by next month, as set by the government, Manas said.

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