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Govt allocates 20 bil baht to village funds


webfact

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Govt allocates 20 bil baht to village funds

 

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BANGKOK, 15th June 2018 (NNT) - The Prime Minister has revealed that the government has allocated 20 billion baht to the Village and Urban Community Fund Project, in a bid to create jobs. 

Prime Minister Gen Prayut Chan-o-cha made the announcement to members of village funds nationwide. Each fund receives up to 300,000 baht to operate existing projects, as well as implement new measures to elevate quality of life and reduce social inequality. 

Gen Prayut urged the fund members to educate themselves in budget management according to His Majesty the late King Bhumibol Adulyadej’s Sufficiency Economy Philosophy. He said His late Majesty’s principles would enable local communities to move forward inclusively. 

The premier expressed confidence that the village funds will be managed effectively and stimulate the grassroots economy. He confirmed that his administration had allocated the funds according to the long-term national strategy and the actual needs of the general public. He also assured fund members that evaluations of their operations will be carried out fairly and transparently.

 
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-- nnt 2018-06-15
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Give me control over the funds for this village...and I bet it gets spent where it's supposed to be spent....

Not spent on pissups, and certain land owened by certain people....

It's not hard, it just needs honesty and thought....which seems to be lacking most times.

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So this is separate to Thai Nayom?

 

At a time when most agencies are under fire for mismanagement of funds it seems a really bad time to throw money around.

 

The ban on populist policies for future governments won't need to be implemented, there will be nothing left in the kitty to play with.

 

 

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1 hour ago, coulson said:

So this is separate to Thai Nayom?

 

At a time when most agencies are under fire for mismanagement of funds it seems a really bad time to throw money around.

 

The ban on populist policies for future governments won't need to be implemented, there will be nothing left in the kitty to play with.

 

 

Probably a top-up to the Thai Niyom Junta Party Electoral Fund. 

Yes a bad time for the government to be throwing money away on unspecified country projects. But probably a good time for those administering these mini-slush funds.

While the PACC is otherwise pre-occupied investigating a multitude of large frauds all over the place there is every chance that embezzlement from these little ones will slip past unnoticed.

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10 hours ago, webfact said:

Gen Prayut urged the fund members to educate themselves in budget management

Well, there goes 20% of the budget - how to effectively skim handle and share in good fortune.

As a minimum all fund members should file financial statements before any funds are disbursed and audited quarterly by an outside, independent accounting firm approved by the Office of the SEC such as Grant Thornton, KPMG. http://market.sec.or.th/public/orap/AUDITOR01.aspx?lang=en

 

 

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Vote buying using the taxpayers money,always better

than using your own.if it works and you win the election,

good, if you lose the election,no problem not your money.

 

regards worgeordie

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10 hours ago, webfact said:

Each fund receives up to 300,000 baht to operate existing projects, as well as implement new measures to elevate quality of life and reduce social inequality

:cheesy:

Nice little bit of election fraud, vote buying or whatever one wishes to call it.

However, 300k aint gonna go very far. Taking into the account inflation, Thaksin gave each village a mil way back more than a decade ago.

Cheapskates.

 

 

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