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Agencies' electronic auctions save funds funds.

The Nation (Thailand)

| August 28, 2006 | COPYRIGHT 2008 Nation Multimedia Group. (Hide copyright information)Copyright

(From The Nation (Thailand))

Byline: The Nation.

During the first eight months of the year, Bt16.2 billion has been saved through the use of electronic auctions by government agencies, according to the Comptroller General's Department.

That represents savings of 7 per cent of all budgets during those eight months, from a total budget of about Bt232 billion.

This figure is a significant increase over the same period last year. During the first eight months of last year, only Bt3.6 billion had been saved, around 6 per cent of the overall budget.

The department's director-general Boonsak Chiempricha said that since early this year, …

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