OPINION

MPs cause of pension bloat

Oped, Editorial, Published on 08/06/2022

» Opposition Move Forward Party leader Pita Limjaroenrat last week slammed the government for allocating 300 billion baht — the greatest single expense — of the 2023 budget bill to pension payments for retired civil servants. He said 40% of all state borrowing and taxes collected will be used to fund the ballooning pensions payouts rather than development schemes and labelled the bill for the forthcoming fiscal year the “ill elephant” budget.