Allotted funding worth B87.3 billion for 148 economic projects announced
The Budget Bureau of Thailand has allocated 87.36 billion baht to fund 148 economic stimulus projects aimed at boosting short-term economic activity within the country. This allocation represents about 75.72% of the 115 billion baht stimulus budget approved by the cabinet in June 2025, which itself is part of a larger 157 billion baht stimulus package comprising 481 projects designed to revitalize the Thai economy.
Objectives
The primary objective of these stimulus projects is to boost short-term economic activity. They aim to generate employment and stimulate economic expansion swiftly within the remaining fiscal year.
Timelines for Implementation
With roughly two months left in the fiscal year for procurement, agencies responsible for these projects must expedite processes to ensure prompt disbursement. The government requires all agencies to promptly proceed with procurement to meet the planned timelines and achieve the intended economic impacts. A subcommittee on economic stimulus monitoring will meet monthly to track the progress of these projects. Implementation progress will be monitored through a dedicated dashboard named “economic acceleration plan under the 157 billion baht framework,” facilitating oversight and reporting to the economic stimulus policy committee.
Impact on Employment and Economic Expansion
Accelerated disbursement and implementation of these projects are intended to create jobs and stimulate economic growth in the short term. Efficient execution is critical to meet these employment and expansion goals within the limited fiscal timeframe.
While specific details of each project—such as their individual objectives, precise timelines, or sectoral focus—are not explicitly mentioned in the source, the overall framework emphasizes prompt execution and immediate economic stimulus effects.
The Allocation and Approval Process
The allocation is based on the proposal of the economic stimulus policy committee. The number of product categories offered by Thailand with a 0% tariff rate was not disclosed. Once a final deal is reached with the US, it will be subject to parliamentary approval.
Mr. Theerarak Saengsanit, deputy permanent secretary of the Finance Ministry, made the announcement. He urged all agencies with cabinet-approved projects to expedite their implementation to ensure disbursement in line with planned timelines.
In conclusion, the 87.36 billion baht fund allocated by the Budget Bureau under the 2025 stimulus package supports 148 projects with a core goal to accelerate economic activity and job creation within a tight fiscal timeline, monitored closely via a specialized dashboard and monthly oversight meetings.
The allocation of 87.36 billion baht forms part of a larger finance strategy, as it is a significant component of the 157 billion baht stimulus package designed for business revitalization. The implementation of these business-oriented projects, aimed at boosting short-term economic activity, also seeks to generate employment and stimulate expansion within the given timelines.
