Bangkok: The Prime Minister announced that the Cabinet has approved the Stock Exchange Act, aiming to bolster confidence and trust in the capital market and ensure the country's economic stability. Alongside this, a significant budget of over 3.78 trillion baht has been allocated for human development, educational improvements, and enhancements to welfare and public health systems.
According to Thai News Agency, Prime Minister Paethongtarn Shinawatra reported that the Cabinet approved a proposal from the Ministry of Finance to amend the Securities and Exchange Act. This amendment is intended to enhance investor confidence and credibility in the capital market and to introduce measures to prevent and suppress misconduct, thereby maintaining the country's economic security.
The Prime Minister also highlighted the Cabinet's approval of the Budget Bureau's proposal for the 2026 budget amounting to 3,780,600 million baht, marking an increase of about 27,900 million baht or 0.7% from the previous year, 2025. Despite the budget increase, the government has reduced unnecessary routine expenses and increased the investment budget. This includes a focus on human development, improving educational quality, and providing social welfare, alongside developing an accessible public health system.