Further Bt15 billion to be pumped into village funds next month

The National Village and Urban Community Fund Office is screening investment projects proposed by villagers, for which the deadline to submit projects is July 31, Natee Khlibtong , secretary- general of the fund, said on Monday.
“We expect to allocate a total of Bt15 billion in August to village funds nationwide and the funding will generate income for local people,” he said.
Each of the 79,593 funds is expected to get about Bt200,000.
The fresh funding is part of an ongoing government economic-stimulus package at the local-community level after it injected Bt35 billion into the National Village Fund last year.
Natee added that villagers last year invested in about 20,000 community shops, 12,000 community markets and 11,000 drinking-water production facilities with the help of the funding.