Thai cabinet approves aid to southern flood victims

10:39, April 06, 2011      

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Thai cabinet has approved 6.1 billion baht (about 201.9 million U.S. dollars) to help relieve people affected by flood in southern Thailand, the Nation daily reported on Tuesday.

In its weekly meeting on Monday, Thai cabinet said 2.9 billion baht (about 96 million U.S. dollars) will go directly to individuals, based on an estimate that more than 579,000 households have been affected.

The remaining 3.2 billion baht (105.9 million U.S. dollars) will go to the agricultural sector.

Mathee Supapong, Bank of Thailand senior director for the Domestic Economy Department, on Monday insisted that the flooding would have a slight impact on the economy and inflation, because of the relatively limited area affected as well as the short period of the flooding.

Of the five main flood-hit provinces of Nakhon Si Thammarat, Krabi, Phatthalung, Surat Thani and Chumphon, manufacturing plants in Nakhon Si Thammarat are hit most.

The flash floods and mudslides caused by heavy rainstorm in several southern provinces since March 23 have affected 998,867 people, according to the Thai authorities.

Source: Xinhua
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