2027 Budget Bill Reaches 96% Review Progress, Expected in Parliament in Early Sept
Korrakrit Prissananantakul announces that the 2027 annual budget vetting has covered 22 ministries and remains on schedule for parliament deliberation.
Stock photo for illustration only, not from the actual event
- The 2027 budget bill vetting committee has completed 96.46% of its review process.
- Reviews have covered 22 ministries, 12 central budget items, and 3,168 budgetary units.
- Sub-committees are scheduled to report to the main committee on August 19.
- The bill is anticipated to reach the House for readings 2 and 3 in early September.
The legislative review of Thailand's annual expenditure budget bill for fiscal year 2027 is nearing its final stages. On August 14, 2026, at 11:00 AM at the Thai Parliament building, Mr. Korrakrit Prissananantakul, MP for Ang Thong province from the Bhumjaithai Party and spokesperson for the extraordinary committee vetting the 2027 budget bill, provided a detailed update on the committee's progress.
Mr. Korrakrit stated that the committee has successfully reviewed and processed 96.46% of the overall agenda items. The extensive vetting process completed thus far encompasses several key institutional components:
- A total of 22 government ministries
- 12 central budget allocation items
- 3,168 individual budgetary recipient units
- 32 specific state funds
Stock photo for illustration only, not from the actual event
Looking ahead to the next procedural steps, the main committee has scheduled a meeting on August 19 to allow various sub-committees to present their final reports directly inside the main committee chamber.
The annual budget bill deliberation is a vital constitutional process that dictates government spending and public administration priorities. Maintaining a strict timeline is crucial to ensure uninterrupted state funding, public sector project execution, and economic stability. Reaching over 96 percent completion demonstrates efficient parliamentary coordination and adherence to fiscal calendars.
The committee spokesperson expressed confidence that the entire vetting schedule remains firmly on track. Consequently, the 2027 budget bill is projected to be submitted to the House of Representatives for formal consideration in readings 2 and 3 by the beginning of September.
Source: Khaosod Politics
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