"cash Deficit Position" For The Gvt

[cclub75]

You should read this piece in BBK Post carefully, especially for those who still believe that the thai economy is performing well...

http://www.bangkokpost.com/Business/03Apr2006_biz06.php

-state agencies who take their budget... and then put the money in private bank... On time deposit accounts ?

Soon we will learn that they use public budget to buy shares, real estate. I mean, it's amazing !

-"cash deficit position".

Well. A good friend is working in a ministry... They told them end of march : "we can not pay your salary. Why ? No money. When we will be paid ? Mai ruuuuuuuuuu".

-32 % increase in budget disbursements since october... compare to the previous fiscal year...

Keep the pace guys... Keep the pace.

[samran]

You should read this piece in BBK Post carefully, especially for those who still believe that the thai economy is performing well...

http://www.bangkokpost.com/Business/03Apr2006_biz06.php

-state agencies who take their budget... and then put the money in private bank... On time deposit accounts ?

Soon we will learn that they use public budget to buy shares, real estate. I mean, it's amazing !

-"cash deficit position".

Well. A good friend is working in a ministry... They told them end of march : "we can not pay your salary. Why ? No money. When we will be paid ? Mai ruuuuuuuuuu".

-32 % increase in budget disbursements since october... compare to the previous fiscal year...

Keep the pace guys... Keep the pace.

Your friend is obviously a luuk jaang, or a contract employee of the Thai government. The government never has paid their contract employees on time due to the system that they currently use. It is entirely manual and usually requires several levels of signatures before things can be authorised. These things take time. It would be a different story of they were a proper civil servant.

From the article that you pointed out, it is impossible to make a link to the overall health of the Thai economy. All it proves is that the Thai government is a lousy employer and doesn't have a decent payroll scheme for non-civil servants.

[cclub75]

Your friend is obviously a luuk jaang, or a contract employee of the Thai government. The government never has paid their contract employees on time due to the system that they currently use. It is entirely manual and usually requires several levels of signatures before things can be authorised. These things take time. It would be a different story of they were a proper civil servant.

From the article that you pointed out, it is impossible to make a link to the overall health of the Thai economy. All it proves is that the Thai government is a lousy employer and doesn't have a decent payroll scheme for non-civil servants.

Not at all. He's a civil servant since 8 years... with the "rank" C5 ... with a flashy white uniform, a proper identification card, and works in an accounting department.

How ironic, isn't it ?

But you're right, it could happen (the Mont Blanc pen could have ran out of ink, what a pitty) : so the question i asked was "did it happen before ?".

The answer was "no never".

And it happened in other departments as well.