“Somchai” wins MOU for the 11th coalition party, a new budget system

BANGKOK, May 21 – “Somchai Srisuthiyakorn” wins the 11th coalition MOU, a new budget system, allocates budget to each ministry in a form that considers suitability from the first baht.

Mr. Somchai Srisuthiyakorn Director of Political and Development Research Center Rangsit University posted a Facebook message about the MOU of the Progressive Coalition Government that almost no coalition government-forming party mentioned what was in MOU item 11 of the Progressive Coalition Party. On creating a new budget system (zero base) ZBB. : Zero-Based Budgeting is a concept in budgeting. which is different from the current method which accepts the former and considers only differential incremental or incremental

By considering the zero-base budget. Considered from the first baht of the budget of all government agencies, which is the dismantling of the new budget system. The government agency must clarify the rationale of the budget received in the past and whether it is necessary. Therefore, we will get future budgets.

This kind of budget system is therefore a great matter both in concept and in execution. must understand the government Preparing the system, training and taking at least 2 years to implement it before it can be replaced, but in 2024 it is impossible. 2025 should not be able to catch up. It may be possible in 2026 if there is a systematic and serious preparation.

However, in terms of foreign experience, the aforementioned budget policy should be a policy that is applied every 5 years or 10 years for a big review. Rather than using it continuously every year, otherwise, the budgeting time may be longer. budget time

Mr. Somchai concluded that he bought it, try it once.-Thai News Agency

Source: Thai News Agency