Thursday, June 17, 2010

Compensating those affected by the demonstration

A short while ago, various private sector groups came forward to predict the sum of damages inflicted economically by the Ratchaprasong seizure of the United Front for Democracy against Dictatorship (UDD), which from April 3rd until now has accrued to 5,244 million baht per month or 174 million baht per day. Besides the closure of hotels, large-scale malls, and smaller stores, many workers went unemployed as day wore onto day.

Monday, June 14, 2010

The Budget Allocation for 2011

Not so long ago, the prime minister announced to parliament that the annual government expenditure for 2011 would be 2.07 trillion baht with a budget deficit of 420,000 million baht or 4.1 percent of GDP. The 2011 annual budget has increased by 370,000 million baht (21.8 percent) of 2010’s annual budget. After this announcement, the opposition party debated the opinion that many facets should be investigated in the government’s allocation of the 2011 budget.
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