Bangkok: The Parliament unanimously approved a draft bill to transfer budget funds totaling 10,328 million baht, aimed at addressing urgent national crises. The House of Representatives, chaired by Ms. Mallika Chiraphanvanich, First Deputy Speaker, conducted a swift session that concluded with 449 votes in favor within just 15 minutes.
According to Thai News Agency, the House of Representatives meeting deliberated on the draft Budget Transfer Act of 2023, which comprises five articles. This draft was meticulously reviewed and finalized by an ad hoc committee led by Mr. Ekniti Nitithanpraphas. The committee's report highlighted that, following the acceptance of the bill in principle on June 25, 2026, a comprehensive review was conducted to reallocate budgets from 118 budget-receiving units. The total sum of 10,328 million baht is designated for the central budget as a reserve for emergency or essential expenditures, aligning with the fiscal challenges anticipated in 2026, including geopolitical conflicts, border security, and climate change repercussions.
The draft bill's passage was expedited, with no amendments made during the second reading. The details, presented by Mr. Chupong Nilskul, legislative system advisor and meeting secretary, were swiftly read aloud in 30 seconds, paving the way for the third reading. The final vote saw 449 in favor, with no opposition and 2 abstentions, leading to the approval of the Budget Transfer Act.
Reporters noted that the committee provided significant recommendations, urging the government to prioritize cost-effectiveness and adhere to legal guidelines. Additionally, the Budget Bureau was advised to implement systemic measures to prevent budget cancellations or duplications, alongside a thorough review of procedures related to budget allocation and project management to ensure alignment with current conditions.
Reporters further highlighted the Parliament's efficient handling of the draft budget transfer bill, completing the second and third readings in a mere 15 minutes. The approved bill is now set to be forwarded to the Senate for consideration.