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Thailand Prime Minister Urges More New Investment in 2003 Budget.
Byline: Wichit Sirithaveeporn
May 7--Prime Minister Thaksin Shinawatra has directed the Finance Ministry to increase investment items in the fiscal 2003 budget by 30 billion baht to support economic recovery.
The 2003 budget, which starts in October, currently projects expenditure of 999.9 billion baht, with 21 percent dedicated to new investment.
The 2003 Budget Act is under revision by the Finance Ministry, the Budget Bureau and other associated agencies. Various spending projects worth some eight billion baht have already been cut or delayed in order to free up funds for new investment.
Another 10 billion baht is expected to be ...
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