Politics
Ministry of Education Reallocates 1.6 Billion Baht from Portfolio Project
Minister Prasert Chantararuangthong has ordered the Office of the Basic Education Commission (OBEC) to reserve 1.6 billion baht following a review of the 'Portfolio' project.
According to a report by Matichon Online on August 19, 2026, Minister of Digital Economy and Society Prasert Chantararuangthong, acting in his capacity regarding education oversight, has instructed the Office of the Basic Education Commission (OBEC) to set aside 1.6 billion baht. This decision follows a formal review of the government's 'Portfolio' project.
Minister Prasert indicated that the ministry intends to propose a budget reallocation to the Cabinet. The objective is to convert these funds for alternative use, though the specific nature of the new projects or the exact timeline for the Cabinet's approval remains to be confirmed.
For residents and those interested in the Thai education sector, this development signals a potential shift in how educational resources are prioritized and managed. While the reallocation suggests a change in strategic focus, the practical impact on students and schools will depend on the Cabinet's final decision regarding the proposed budget conversion. As of now, the public awaits further details on how these funds will be redirected and whether the original 'Portfolio' project will be significantly altered or replaced. No further information regarding the specific reasons for the project's review has been disclosed at this time.