Bangkok: The House of Representatives has passed the 2016 budget bill in principle with a commanding majority, in a move that the Prime Minister believes will enhance the quality of life for Thai citizens. The approval came after an extensive three-day session, culminating in a vote of 322 in favor, 158 against, and 2 abstentions. As part of the approval, a 73-member committee has been established, including Colonel Anudith Nakornthap from the Kla Tham Party, under the government's quota.
According to Thai News Agency, the session was chaired by Mr. Pichet Chueamuangphan, the First Deputy Speaker of the House of Representatives. The Prime Minister expressed gratitude towards the House for their support and reiterated the government's commitment to addressing the current economic challenges through this budget. She emphasized that the budget is a strategic tool to navigate the economic uncertainties influenced by global trade barriers, geopolitical tensions, climate change, and other international economic dynamics.
The Prime Minister is hopeful that the budget will significantly improve the quality of life for Thai people. The government aims to prioritize budget allocation to address urgent issues, enhance human capital potential, and develop infrastructure aligning with the national strategy. The budget is designed to foster sustainable economic growth, reduce inequality, and ensure equitable access to resources, while maintaining fiscal discipline as per legal frameworks.
The Prime Minister acknowledged the global economic shifts impacting Thailand and highlighted her discussions with international leaders to seek cooperative solutions. Despite these challenges, she assured that the government would focus on implementing policies to stimulate the economy, reduce expenses, increase incomes, and expand opportunities for the populace.
In conclusion, the Prime Minister expressed confidence in overcoming the crisis by focusing on the people's welfare and ensuring effective collaboration between the government and opposition. The budget is envisaged as a key element in driving economic progress and delivering tangible benefits to the people of Thailand.