NLA passes bill on transfer of  B12.7bn for work under 20-year national strategy

The National Legislative Assembly today passed in three straight readings a bill to transfer 12.7 billion baht from the 2018 budget to a central fund for development under the 20-year national strategy and the country’s reform in 11 fields.

The 12.7 billion baht to be transferred to the central fund is from allocations from the 2018 budget for government agencies, state enterprises and other agencies.

Deputy Finance Minister Wisut Srisuphan explained to the NLA that the bill is a necessary tool for the government to steer development plans under the 20-year national strategy and work for the country’s reform in 11 fields.

Under the bill, 10 billion baht is for emergency use for the steering of the 20-year national strategy and 2.7 billion baht for the country’s reform in 11 fields.

The NLA passed the bill into law in three straight readings with a vote of 138 with 3 abstentions.