ID :
172597
Sat, 04/02/2011 - 13:45
Auther :
Shortlink :
http://m.oananews.org//node/172597
The shortlink copeid
Thai government to raise emergency budget
BANGKOK, April 2 (TNA) - The Thai government plans to raise its emergency budget for the 2012 fiscal year to provide the administration with greater financial resources to cope with natural disasters, like severe inundations in the country's southern region currently.
Thai Finance Minister Korn Chatikavanij said on Saturday that the increased emergency budget would be allocated from state budgets earlier earmarked for other public purposes, insisting that the Thai government upholds fiscal discipline but now having to take into account necessity.
According to the Thai finance minister, the government's total budget for the 2012 fiscal year, from October 1, 2011 to September 30, 2012, has now been fixed at 280 billion baht, up from 260 billion baht in the 2011 fiscal year.
Korn noted, however, that he expected the Thai government's remaining 15-billion-baht budget for the 2011 fiscal year should be sufficient for coping with the current floods in the Thai South. (TNA)
Thai Finance Minister Korn Chatikavanij said on Saturday that the increased emergency budget would be allocated from state budgets earlier earmarked for other public purposes, insisting that the Thai government upholds fiscal discipline but now having to take into account necessity.
According to the Thai finance minister, the government's total budget for the 2012 fiscal year, from October 1, 2011 to September 30, 2012, has now been fixed at 280 billion baht, up from 260 billion baht in the 2011 fiscal year.
Korn noted, however, that he expected the Thai government's remaining 15-billion-baht budget for the 2011 fiscal year should be sufficient for coping with the current floods in the Thai South. (TNA)
