Economy
Abhisit Vejjajiva Proposes 150 Billion Baht Budget Cut Amid Fiscal Concerns
Democrat Party leader Abhisit Vejjajiva has challenged the 2027 fiscal budget, arguing that the proposed 3.78 trillion baht spending plan violates financial discipline.
On September 7, 2026, during the second and third readings of the 2027 fiscal year budget bill at the Thai Parliament, Democrat Party leader Abhisit Vejjajiva formally proposed a 150 billion baht reduction to the total budget. The government’s current proposal stands at 3.78 trillion baht.
According to Khaosod Online, Abhisit argued that the budget plan potentially conflicts with the Constitution and fails to adhere to strict financial discipline. He pointed to the existence of significant off-budget funds and an additional 200 billion baht injected into the system via a government emergency loan decree. Furthermore, he highlighted concerns regarding the nation’s public debt, which is nearing its legal ceiling, alongside outstanding debts held by state enterprises and government banks.
For residents and travelers, this debate highlights ongoing discussions regarding Thailand's fiscal health and government spending priorities. While the proposal to cut the budget is a significant political move, it remains to be seen how the House of Representatives will vote on the amendment and whether the government will adjust its spending plans in response to these criticisms. The legislative process is ongoing, and the final impact on public services or infrastructure projects remains to be confirmed as the parliamentary session continues.