By Xinhua,
BANGKOK : The Thai army would accept the government’s decision regarding the budget cut for the next fiscal year, even if it would affect the army’s weapons procurement and other plans, commander-in-chief Gen Anupong Paojinda said on Wednesday.
Deputy Prime Minister Suthep Thaugsuban said earlier on Wednesday the cut on the military budget might be necessary since the projected revenues’ collection was lowered, the Bangkok Post’s website reported.
Earlier, Prime Minister Abhisit Vejjajiva said his government would consider to trim the budget for fiscal year 2010 by around 100 billion (2.8 billion U.S. dollars) to 200 billion baht (5.62 billion U.S. dollars).
The fiscal budget for 2010 was set at 1.9 trillion baht (53.4 billion U.S. dollars), while the projected revenue and the budget deficit stood at 1.51 trillion baht (42.49 billion U.S. dollars) and 390 billion baht (10.96 billion U.S. dollars), respectively.
The budget cut has been discussed among the cabinet members after the country’s economy is increasingly affected by the global economic turmoil and the domestic political instability.