THURSDAY, April 25, 2024
nationthailand

Govt issues ultimatum on Village Fund projects

Govt issues ultimatum on Village Fund projects

Prime Minister's Office Minister Suwaphan Tanyuvardhana warned |yesterday that projects using the newly approved Bt35-billion Village Fund budget did not succeed in six months, the government would take the money back.

Suwaphan also told some 200 representatives of a Village Fund network at a workshop in Bangkok that projects carried out under the scheme must be transparent and must involve the participation of local residents and be accepted by them.
Also, they must not be made redundant by projects initiated under the Bt5-million-per-tambon scheme, he said. 
If the projects were successful, the funding would continue, he assured. 
On Tuesday, the Cabinet approved a Bt35-billion budget for the Village Fund covering 79,556 villages and rural communities, each receiving Bt500,000 to spend on infrastructure projects. It is hoped the scheme will boost the grassroots economy. 
 
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