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ECONOMY

Cabinet endorses economic package monitoring framework



The Cabinet on Thursday approved the framework to monitor government spending under the "Thailand's Strength" programme.

Prime Minister Abhisit Vejjajiva said after the meeting that the government would ensure close scrutiny on the investment projects, like it did with the annual budgets.

 "There would be no change in the projects, and if there is any money left from the projects, they will be returned to the Finance Ministry," he said.

 The government bonds, issued to partially finance the project, will be available for subscription next week. On July 14, the Finance Ministry will summarise the projects which are to be completed in the first phase of the programme, with assurance that the projects would be executed quickly to boost the economy.



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