labels: Budget
The Comptroller General's Department reveals that budget disbursement for fiscal year 69 has exceeded 89%, urging agencies to accelerate disbursements in the final quarter of 69.
The Comptroller General's Department revealed that budget disbursement for fiscal year 2569 has exceeded 89.64%, emphasizing that government agencies should accelerate budget disbursement in the final quarter of September, along with the disbursement of carryover funds.The Pentagon is poised to ask Congress for an additional $8 billion in funding to cover the costs of a potential war with Iran and emergency expenses.
The Wall Street Journal revealed that Stephen Feinberg made a direct call to specify the new budget, which would cover war liabilities and off-military expenditures.The Cabinet approved a central budget of 7,742 million baht to help the public cope with rising energy prices.
The Cabinet approved a central budget of 7,742 million baht to help the public cope with rising energy prices. This includes 6,023 million baht for vulnerable groups, 1,458 million baht for transportation and contracting businesses, and 261 million baht to alleviate the cost of living.The Comptroller General's Department is tightening oversight of government construction projects, paving the way for contract termination due to negligence by contractors.
The Comptroller General's Department has issued new, stricter regulations for government construction contractors. These rules will prevent the acceptance of contracts from the lowest bidder who has a history of work errors within the past two years. Furthermore, they empower government agencies to terminate contracts if a contractor's negligence results in loss of life or property. These changes will take effect on March 2, 2026.The DOJ has launched a criminal investigation into President Powell regarding the Federal Reserve's budget for the building; the stock market has plunged amid concerns about political risk in the United States.
The U.S. Department of Justice has initiated a criminal investigation against the Federal Reserve chairman over escalating budget expenditures for renovations to the federal government headquarters.The Prime Minister has ordered all agencies to use the 70 budget of 3.788 trillion baht in a "cost-effective and efficient manner."
The Prime Minister has issued a policy for the 2570 budget of 3.788 trillion baht, adhering to the medium-term fiscal plan. The plan aims to reduce the deficit to no more than 3% by 2572 and maintain public debt at no more than 70% of GDP. He emphasized that all agencies should spend efficiently and effectively, avoiding long-term burdens.Chulaphan insists the 69 budget has ammunition ready to deal with economic volatility.
Chulaphan insists the government will use the 69 budget with maximum efficiency, confident in having sufficient funds to cope with economic fluctuations and ensuring revenue collection remains at an appropriate level and strict fiscal discipline is maintained.The Treasury Department's revenue collection for fiscal year 67 missed the target by 5 billion baht due to the strong baht. It is preparing "economic stimulus measures" to propose to the Prime Minister on October 31, 67.
Permanent Secretary of the Ministry of Finance reveals that the closing of fiscal year 67 will miss the target of 4-5 billion baht in revenue, the main factor being the strong baht affecting import taxes, currently preparing economic stimulus measures.Preparing to transfer 5 billion baht budget from 3.5 state banks to stimulate the economy, Chulphan insists it does not violate the law.
The committee transferred 5 billion baht from 3.5 state banks in the part that is no longer necessary and can be delayed to be used as a central budget to stimulate the economy.
