Strong focus on enhancing efficiency without increasing expenditure
PUBLISHED : 15 Jan 2025 at 20: 28
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Prime Minister Paetongtarn Shinawatra has outlined a strategic approach for preparing the fiscal 2026 budget based on the “Three No’s” principle.
The budget will prioritise “efficiency growth” through three strategies:
no reduction in government investment budgets, including subsidies for economic support;
no increase in operational or recurring expenses, focusing on enhancing efficiency without increasing expenditures; and
no expansion of the workforce at government agencies.
She outlined the issues on Wednesday during a meeting with government agencies, state enterprises and public organisations to draft the fiscal 2026 expenditure framework, which is set at 3.78 trillion baht.
She urged all agencies to explore ways to reduce regular expenditures, noting that annual increases in such expenses create accumulated costs over time.