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Embattled Thai PM Prayuth Survives Budget Test in Parliament

  • The $89 billion spending plan now heads to Senate for approval
  • Court set to rule on petition challenging Prayuth’s term limit
Bloomberg business news
Embattled Thai Premier Prayuth Survives Budget Test in Parliament
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Thailand’s parliament passed a $89 billion annual budget bill for the 2023 fiscal year, in a reprieve for Prime Minister Prayuth Chan-Ocha who is facing calls to quit amid a raging debate over his eligibility to stay in office.

The 3.19 trillion baht spending plan, which also includes a deficit of 695 billion baht ($19.3 billion), for the fiscal year starting Oct. 1 received the backing of the majority of 500-seat lower house during the final vote late on Tuesday. While a total of 258 lawmakers supported the budget, 180 members voted against it after a five-day debate.