35bn baht economic stimulus campaign to be approved on 12 Feb

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BANGKOK – More fundamental economic stimulus measures under the civil-state policy is set to be approved with a budget of 35 billion baht in a conference on 12 February, says Village and Urban Community Fund chief. 

The Office of Village and Urban Community Fund Director Nathee Clibtong has revealed that the office is set to approve the manual and regulations to run projects under the fundamental economic stimulus campaign within a 35 billion baht budget on 12 February 2016, allowing the proposed project to commence immediately after approval.

He said more than 30,000 funds have been requested under this campaign to promote long-term and sustainable developments in villages and communities, while the office is recruiting community volunteers to monitor the progress and outcome of local projects, and to promote a conciliatory approach in both the project’s social and economical aspects.

The criteria for project approval include the public benefits, employment and income generation in communities, infrastructure development, basic manufacturing factors development, and water sources development.

The Village and Urban Community Fund’s chief further disclosed that all project in this campaign should operate under the civil-state mechanism to receive support from the government sector, but the main principles are that the participants are responsible for the projects, emphasizing on ownership through engagement.