NCPO to set up budget inspection body

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BANGKOK, 3 June 2014 – The National Council for Peace and Order (NCPO) is preparing to set up a committee to inspect the use of state budget. 

Army deputy spokesman Col Winthai Suwaree said the move is expected to bolster public confidence.

The committee will track and inspect the disbursement of state budget in a bid to strengthen good governance and transparency.

According to the NCPO, the planned budget management must be fair and can respond to the needs of the people and must not create financial burden on future governments, while fiscal and financial discipline must be maintained.

The body has outlined three stages of national administration during the transitional period, which include implementing national reforms and setting up legislative assemblies as the junta prepares the country for a new election.