Thai government's $115 billion budget clears first parliamentary vote
- The Thai Lower House approved a 3.78 trillion baht budget for the fiscal year starting October 1, 2026.
- The budget passed after a four-day debate amid a revised economic growth forecast lowered by one percentage point due to a threatened US tariff.
- Prime Minister Paetongtarn Shinawatra’s coalition set the budget with a 0.7% increase over 2025 spending despite internal disputes between major parties.
- The budget includes a deficit of 860 billion baht to address economic risks from global trade uncertainties, with Finance Minister Pichai calling growth 'relatively low'.
- The budget now moves to committee review before returning for second and third readings in August, potentially stabilizing the prime minister’s government.
Insights by Ground AI
Does this summary seem wrong?
17 Articles
17 Articles
All
Left
2
Center
3
Right
7
Thailand’s whopping US$115bil budget clears first parliamentary hurdle
Thailand's lower house of parliament backed a 3.78 trillion baht ($115 billion) annual budget as Prime Minister Paetongtarn Shinawatra's multi-party coalition buried differences to support the spending plan.
·Malaysia
Read Full ArticleThailand’s $115 Billion Budget Clears First Parliamentary Hurdle
Thailand’s lower house of parliament backed a 3.78 trillion baht ($115 billion) annual budget as Prime Minister Paetongtarn Shinawatra’s multi-party coalition buried differences to support the spending plan.
·United States
Read Full ArticleThai government's $115 billion budget clears first parliamentary vote
The Thai government's 3.78 trillion baht ($115 billion) budget for the 2026 fiscal year passed its first parliamentary vote on Saturday, but there will be a series of further votes before it can be enacted.
·United Kingdom
Read Full ArticleCoverage Details
Total News Sources17
Leaning Left2Leaning Right7Center3Last UpdatedBias Distribution58% Right
Bias Distribution
- 58% of the sources lean Right
58% Right
L 17%
C 25%
R 58%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage