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The US Agency for International Development (USAid) will promote reconciliation in Thailand



The US Agency for International Development (USAid) on Thursday announced a five-year $30 million programme in Thailand to help promote conflict resolution and reconciliation throughout the country, including the restive deep South.

Of the $30 million, about $15.5 will be spent directly on grant for civil society working to promote reconciliation efforts through out the country or looking to strengthen their capacity to serve as checks and balances for political process and public policy.

However, the programme will not support political parties or political factions, the American ambassador to Thailand, Eric G. John, was quoted as saying in a USAid press statement.

Besides the civil society, the progamme aimed to work closely with independent agencies, such as the Election Commission, National Human Rights Commission and the National Counter Corruption Commission, to strengthen their capacity in carrying out constitutionally mandated functions.

via USAid announces projects to promote reconciliation.

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Thai Government to issue Bt50 bln ( $1.57 bln)Savings Bonds to fund COVID-19 Relief Measures

The special savings bonds are available via the “Sasom Bond Mung Kung” e-wallet, abbreviated to “Sor Bor Mor” in Thai on Krungthai Bank’s Pao Tang mobile app, and through four dealer banks. The minimum purchase of these bonds is 1,000 baht, without no maximum. Interest is paid twice a year.



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Thai Government Plans to Increase 2022 Investment Budget by 90 Billion baht ($2.84 bln)

According to the 2022 fiscal budget bill, which has public spending set at 3.1 trillion baht, accounting for 17.9% of GDP, the government would need to borrow 700 billion baht to offset the deficit.



BANGKOK (NNT) – The Budget Bureau notes that the Thai government plans to increase its investment budget by 90 billion baht in the fiscal year 2022, in compliance with a law related to state financial and fiscal discipline.

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