Deputy Prime Minister and committee chair Yongyuth Wichaidit said some 640,000 Bangkok residents would be entitled for Bt5,000 compensation per family.
Next week the city authorities would start distributing leadlets advising the flood-hit residents on how to apply for the compensation which will paid out by the Government Savings Bank, he said.
In regard to houses destroyed partially or totally by the flooding, the government has yet to map out the compensation guidelines, he said.
The Nation