Thai Assures Transparency Of 2013 Budget

BANGKOK – Thai Prime Minister Yingluck Shinawatra has assured the transparency of her Pheu Thai Party-led government’s 2013 budget plan with a reduced deficit, reports Thai news Agency (TNA).

Speaking to journalists before a House session on budget debate kicked off on Wednesday morning, Yingluck said that the 2013 fiscal budget draft was worked out with transparency and was also strictly referred to fiscal and financial principles agreed with the Office of the National Economic and Social Development Board (NESDB).

Yingluck acknowledged that her government’s allocation of the 2013 state budget would prioritise national development, especially investment projects on basic infrastructure and further development of people’s quality of life.

According to the Thai premier, the 2013 budget would also create more jobs, increase people’s income, reduce disparity between the rich and the poor in the country and even pave the way for the formation of a single community of the Association of Southeast Asian Nations (Asean) by 2015.

For state revenues in the 2013 fiscal year, Premier Yingluck revealed that it would mainly come from Thai exports, tourism and the government’s economic stimulus measures earlier reported to the Parliament. – BERNAMA

Yingluck