
Sufficiency Economy at work.
“The Defence Ministry’s budget for fiscal 2008 is expected to increase 24.33 per cent to Bt143 billion, from the current fiscal year’s Bt115.02 billion.”
It’s important to note that the 2007 budget (115.02 billions) was already up… 33 %, compare to the 2006 budget (86 billions)
It means that in 2 fiscal years, the military budget would have increased of… 66 %. That’s really “sufficient”, isn’t it ?
And to put figures in perspective, let’s remember that the gvt forecasts a deficit of… 165 billion baht for the whole fiscal year 2008.
The article gives details about the expenses. There are some interesting bits.
“Another huge investment project concerns a communications network worth Bt890.42 million.“
Could it be related to the famous 800 millions asked to TOT by General Saprang ? See the story here.
“The source noted that the ministry was also obliged to allocate Bt152.6 million to the CNS. Formed after the September 19 coup, the CNS would remain until the formation of the elected government, probably this December or next January.“
The fiscal year 2008 will start on 1 october…


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