Prayut pushes to speed up disbursement of over Bt100 bn remaining from 2014 budget
September 26, 2014 8:36 pm
Prime Minister General Prayut Chan-o-cha Friday instructed ministries to expedite their 2014 budget expenditure with focus on boosting investment and employment in order to stimulate the economy.
In his weekly television programme Friday night, the premier said each ministry had been told to inspect their projects to see if they had been carried out, whether they need planning or revision and whether they have been endorsed.
"This is to expedite the disbursement of more than Bt100 billion from the fiscal 2014 budget in order to stimulate the economy in the remaining three months and to promote income generation," he said.
The government will also push for the conclusion of various small-scale projects before the year-end, he said.
He added that an additional Bt50 billion would be injected into the fiscal 2015 budget to create employment in local communities and the government would also inspect the Bt20 billion that has been earmarked for loan facilities but not yet utilised.
Prayut said this money would be used to invest in infrastructure in accordance with public needs, such as renovating schools, irrigation systems, roads and community medical centres.