A mid-year budget worth 100 billion baht is available for the government to finance new economic stimulus measures while the fiscal 2020 budget is held up, says a senior official at the Finance Ministry. The 100 billion baht is available from the 400-billion-baht mid-year budget allocated for emergency use. The investment budget for fiscal 2020 amounts to 600 billion baht. The 3.2-trillion-baht annual budget expenditure for fiscal 2020 was supposed to be available from Oct 1, 2019 but was hampered by the lengthy government installation and legislative process. Given that the fiscal 2020 budget bill will come into effect soon, some projects are ready to draw down the budget immediately."

Source: Bangkok Post February 16, 2020 23:26 UTC