- General
- Business
- Moodys's say
- Economy
- Bank and Finance
- Politics
- Energy
- World
- Environment
- Entertainmentt
- Sport
- Agro and Food
- Lifestyle
Ministry of Finance disburses “Strong Thailand” scheme budget
By k on November 2, 2009
BANGKOK, 2 November 2009 (NNT) - The Ministry of Finance has disbursed 30 billion baht for the “Thai unity, Strong Thailand” scheme, therefore no further loans were needed to subsidize the treasury reserves, according to Deputy Finance Minister Dr. Pruttichai Damrongrat.
Dr. Pruttichai Damrongrat stated that the cabinet had approved the first allocation of 199.960 million Baht from the total of 400 billion baht, reserved in the “Thai unity, Strong Thailand” scheme to be used in 2010-2012. He also said that 30.574 billion Baht had recently been disbursed from 21 September to 23 October 2009.
The two biggest allocations went to community level investment, and the Bank for Agriculture and Agricultural Cooperatives (BAAC) which had been valued in 75.038 billion Baht and 40 billion Baht respectively.
Mr Pruttichai added that loans for subsidizing the treasury reserves were deemed unnecessary as the treasury reserves were healthy and in secure condition, amounting to 293 billion Baht at the end of September, which was considered a sufficient amount to circulate in the Ministry of Finance next year.
In addition to this, the Ministry of Finance will also earn income from collecting personal income tax during the second quarter of 2010.
Related posts:
- Finance Minister is to propose Strong Thailand budgets worth over 240,000M to Cabinet Bangkok, 12 October 2009 (NNT)-Finance Minister Korn Chatikavanij is...
- Finance Ministry to construct international convention center in Phuket PHUKET, 28 September 2009 (NNT) - The Finance Ministry...
- 2nd lot of Strong Thailand bonds to be sold next year BANGKOK, 23 October 2009 (NNT) – The Ministry of...
- Budget deficit lower than targeted BANGKOK, Dec 24 (TNA) – Finance Minister Korn Chatikavanij on...
- Finance Ministry to issue more bonds in Oct-Nov BANGKOK, 31 August 2009 (NNT) – The Ministry of Finance...
Related posts brought to you by Yet Another Related Posts Plugin.
Readers Comments
Business News »
Thai-Myanmar trade exceeds target
February 9, 2010
BANGKOK, 9 February 2010 (NNT) — Trade along the Mae Sot - Myawaddy border in Tak province has increased by 15-16 billion THB year-on-year with a tendency to reach an all-time high of 23 billion THB.
Mae Sot Border Official Pongthep Buasap said the border trade had risen by 28-30% compared to the same period last [...]
Bank And Finance »
BoT to collect regional economic data
February 6, 2010
BANGKOK, 6 February 2010 (NNT) – The Bank of Thailand (BoT) is going to send teams to local areas to collect economic data for an analysis of the Thai economy by the Monetary Policy Committee.
Senior Director of the BoT’s Domestic Economy Department, Suchart Sakkankosone, said the data to be gathered on 9 February was from [...]
General News »
10% of foreign workers apply for work permit renewals
February 8, 2010
BANGKOK, Feb 8 (TNA) – Only 10 per cent, or around 140,000 foreign workers whose work permits expire at the end of February, visited Provincial Employment Offices to apply for document renewals, according to Thailand’s Foreign Workers Administration.
Foreign Workers Administration director Tanich Numnoi said all work permits and applications for nationality verification for an estimated [...]
Economy »
Gold price remains unpredictable after Chinese New Year
February 8, 2010
BANGKOK, 8 February 2010 (NNT) – The gold price is still difficult to predict until after the Chinese New Year. However it will not climb up beyond 19,000 THB as it did in the previous quarter, says the Gold Traders Association President, Mr Jitti Tangsitpakdee.
Mr Jitti stated that the descending gold price in the American [...]
Energy »
Energy Ministry confirms no blackout during closure of Yetagun gas field
February 9, 2010
BANGKOK, 9 February 2010 (NNT) – The Energy Ministry is confident there will be no blackout during the closure of the gas field in Yetagun, Myanmar, at the end of March.
Mr Sarawut Kaewtathip, an analyst from the Energy Ministry, said that Myanmar has planned to close the gas field in Yetagun for 7-10 days to [...]
Politics »
Hun Sen´s criticism against Abhisit resulted from anger
February 9, 2010
BANGKOK, 9 February 2010 (NNT) – Cambodian Prime Minister Hun Sen strongly criticized Thai Prime Minister Abhisit Vejjajiva because he was angry that he was unable to enter Prasart Ta Muen Thom in Suring province during his visit yesterday, according to Deputy Prime Minister for Security Affairs Suthep Thaugsuban.
Mr Suthep viewed that the Cambodian Prime [...]