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Bangkok Post
Bangkok Post
National

Govt warns of populist policy risks

Campaign banners dot a road in front of Chatuchak Park. (Photo: Nutthawat Wicheanbut)

The government has warned against political parties' populist policies requiring substantial sums of money, saying that after other essential expenses are deducted, the budget for the 2024 fiscal year will have only 220 billion baht left for spending on such policies.

The warning came after Prime Minister Prayut Chan-o-cha called in officials from four agencies dealing with economic affairs to provide him with updates on the global and domestic economic situations as well as the country's financial standing at Tuesday's cabinet meeting.

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