Thai government officials have established a Flood Situation Command Centre to address the serious floods all across the country. The new operations center, with a central command system, has been setup to improve water management and reduce the impact of the crisis. Deputy Prime Minister and Minister of Commerce, Phumtham Wechayachai, is leading this important task.

 

The government has assured the public that there are enough funds in the central emergency budget to handle the crisis until the end of the financial year on September 30. Budget Bureau Director, Chalermpol Pensoot, confirmed that more funds will be set aside for the coming financial year to maintain the flood response efforts and support the recovery process of affected communities.

 

In a quick response by the government, Deputy Finance Minister Pichai Chunhavajira announced that special financial institutions have introduced several financial relief measures. These measures include loan repayment pauses, reduction in interest rates, and lower interest loans to support those severely impacted by the floods.

 

 

 

 

The Government Savings Bank (GSB) offers a three-month pause in debt repayment for retail customers with loans up to 10 million baht, as well as a 50% interest rate cut. They've also initiated a low-interest emergency loan scheme. Borrowers can apply for up to 10,000 baht at a 0.6% monthly interest rate.

 

Other banks, such as the Bank for Agriculture and Agricultural Cooperatives (BAAC) and the Government Housing Bank (GHB), have also brought similar relief programs. The BAAC has extended the loan repayment period to 20 years, whereas the GHB has initiated a disaster relief program with a 50% loan instalment cut for six months.

 

The ministry is hopeful that these measures will effectively assist all affected groups, including farmers, small businesses, and entrepreneurs in flood-hit areas.

 

File photo for reference only

 

-- 2024-08-28

 

 

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Is there any water management in Thailand?? Every year the same problems  sometimes in different areas and most in the same provinces. After the rainy season the problems are solved and so no actions anymore for next time 

12 hours ago, snoop1130 said:

Thai government officials have established a Flood Situation Command Centre to address the serious floods all across the country. The new operations center, with a central command system, has been setup to improve water management and reduce the impact of the crisis.

Same thing every year, then the command centre and committees are disbanded and nothing else is done to prevent a reoccurrence.

13 hours ago, snoop1130 said:

Thai government officials have established a Flood Situation Command Centre to address the serious floods all across the country

 

Bit bloomin late mate.

There are floods in many places already and have been for some time.

Oh wait, I forgot. Bangkok is now a risk.

All of the dinosaurs might get wet and dinosaurs cannot swim.

Hmm where's Cnut when you need him

14 hours ago, snoop1130 said:

 

Thai government officials have established a Flood Situation Command Centre to address the serious floods all across the country. The new operations center, with a central command system, has been setup to improve water management and reduce the impact of the crisis. Deputy Prime Minister and Minister of Commerce, Phumtham Wechayachai, is leading this important task.

 

The government has assured the public that there are enough funds in the central emergency budget to handle the crisis until the end of the financial year on September 30. Budget Bureau Director, Chalermpol Pensoot, confirmed that more funds will be set aside for the coming financial year to maintain the flood response efforts and support the recovery process of affected communities.

 

In a quick response by the government, Deputy Finance Minister Pichai Chunhavajira announced that special financial institutions have introduced several financial relief measures. These measures include loan repayment pauses, reduction in interest rates, and lower interest loans to support those severely impacted by the floods.

 

 

 

 

 

The Government Savings Bank (GSB) offers a three-month pause in debt repayment for retail customers with loans up to 10 million baht, as well as a 50% interest rate cut. They've also initiated a low-interest emergency loan scheme. Borrowers can apply for up to 10,000 baht at a 0.6% monthly interest rate.

 

Other banks, such as the Bank for Agriculture and Agricultural Cooperatives (BAAC) and the Government Housing Bank (GHB), have also brought similar relief programs. The BAAC has extended the loan repayment period to 20 years, whereas the GHB has initiated a disaster relief program with a 50% loan instalment cut for six months.

 

The ministry is hopeful that these measures will effectively assist all affected groups, including farmers, small businesses, and entrepreneurs in flood-hit areas.

 

File photo for reference only

 

-- 2024-08-28

 

 

Get the ASEAN NOW daily NEWSLETTER - Click HERE to subscribe

I would like to see plans how to tackle the yearly floodings. 

Seems these floodings come unexpected. Out of the blue.😐

In the immortal words of Ronnie Raygun......the most terrifying words in the English language are "I'm from the government, I'm here to help you."

Been here over 20yrs still the same and every year set up command center nothing ever gets done

there is NO  water management plan  in Thailand?? waste of money and every year the Photo shoot of the big nobs wading through the water "we will fix this" What happened to the Multi billion baht Drain system in Bangkok ??? Thais are great at flip flop decisions and committees but NO action 

Thailand is the hub of committees that do nothing.  I wonder if this new committee is made up of members of the committee that was formed to address the bad air problems.  After all, the air is now breathable so they aren’t doing anything until next year’s burning season.

it's not even difficult to permanently fix this kind of flooding. it just needs a floodplain in each water catchment to divert water as rivers begin to fill, suitable land alongside rivers somewhere up north

6 minutes ago, ourmanflint said:

it's not even difficult to permanently fix this kind of flooding. it just needs a floodplain in each water catchment to divert water as rivers begin to fill, suitable land alongside rivers somewhere up north

Oh thats toooooo hard for the Thais to decided  Flip Flop !!!!!