Bloomberg News

Thailand Budgets 100 Billion Baht for Reconstruction After Flood

October 17, 2011

Oct. 17 (Bloomberg) -- Thailand’s government will need to spend about 100 billion baht to revive the economy after the nation suffered its most severe floods in more than 50 years, Prime Minister Yingluck Shinawatra said.

The government may need to review some of its policies after the disaster, Yingluck told reporters in Bangkok today. The government may also have to borrow funds to cover reconstruction costs, she said, without giving details.

To contact the reporter on this story: Suttinee Yuvejwattana in Bangkok at suttinee1@bloomberg.net

To contact the editor responsible for this story: Tony Jordan at tjordan3@bloomberg.net


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