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Thailand approves extra funds for flood victims

BANGKOK: Thailand's cabinet on Tuesday (Oct 20) approved an additional 10.51 billion baht (about US$312.4 million) to compensate around 1.48 million households hit by floods since September, alongside relief measures including soft loans and tax breaks.

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泰国批准向洪灾灾民提供额外资金

FILE PHOTO: A father removes a flotation vest worn by his daughter in front of their flooded home in Bang Ban district in the central Thai province of Ayutthaya on October 7, 2026. The Finance Ministry, working with state-owned financial institutions, announced a package to help flood victims and businesses recover. - AFP

BANGKOK: Thailand's cabinet on Tuesday (Oct 20) approved an additional 10.51 billion baht (about US$312.4 million) to compensate around 1.48 million households hit by floods since September, alongside relief measures including soft loans and tax breaks.

Claims have outstripped the original budget, government spokesman Ekkapob Pianpises said, noting that over two million households have applied for aid totaling 15.8 billion baht.

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