The Comptroller General's Department has reported that as of the end of the third quarter of fiscal year 2019, investment expenditures have reached 290,483 million baht, exceeding the target by 12.54%.

        Ms. Yanee Saengsri-chan, Financial System Development Advisor and Spokesperson for the Comptroller General's Department disclosed the results of the budget expenditure for the fiscal year 2019, stating that from the beginning of the fiscal year until June 28, 2019 (October 1, 2018 – June 28, 2019), investment expenditures (excluding central budget) amounted to 430,461 million baht out of a total budget of 555,175 million baht, representing 77.54%, which is 12.54% higher than the target (target was 65%). Overall budget expenditures totaled 2,339,406 million baht out of a budget of 3,000,000 million baht, or 77.98%, exceeding the target by 0.98% (target was 77%). For the carry-over budget, expenditures reached 290,483 million baht, or 85.28% of the budget of 340,634 million baht.

Currently, we are entering the fourth quarter of fiscal year 2019, with less than three months remaining for debt creation and budget disbursement. Therefore, to ensure that budget expenditures meet the established targets, all agencies have been notified to expedite debt creation and disbursement to be completed by September 2019 to prevent budget funds from being returned. For agencies that have already made purchases, any remaining budget should be quickly reallocated to projects/items that did not receive sufficient budget allocation, in accordance with relevant regulations, and to complete debt creation and budget disbursement as soon as possible.