Thailand

Support for the Urban Poor (SUP) has prepared a simple policy framework because details and scope of the sub-project activities to be covered by the grant are not known... Show More + in detail at this stage since the project follows a Community Driven Development (CDD) approach. The framework will guide the process of land acquisition, should it prove necessary during implementation of the grant activities. The guiding principle of the framework is that no family will experience a material reduction in their income, living standards, or livelihoods as a result of subproject implementation. A summary of the procedures will be spelled out in the project's Operations Manual and the terms of reference of community facilitators, and the project will provide both internal and independent monitoring of their implementation. If no agreement can be reached with the community the sub-project activities will not be implemented; (i) for voluntary contributions, the name of the donor and details of the donation; (ii) for compensated assets, the names of the persons receiving compensation, and details of the type of compensation, such as seen in the table below;(iii) if applicable the decision not to proceed with sub-project implementation.(iv) in addition, the minutes will contain the signatures of the affected persons and the community leaders. There will be notes about complaints made by the affected Show Less -

The objectives of the Public Sector Reform Development Policy Loan (PSRDPL) are to assist the Royal Thai Government (RTG) in its response to the financial crisis and... Show More + to support institutional development in the public sector by: 1) improving the effectiveness of the public financial management framework through better governance and accountability; 2) enhancing the skills and performance of the civil service; and 3) improving quality and timeliness of service delivery. The closing date for the project will be extended from December 31, 2012 until June 30, 2013. The RTG has so far withdrawn USD100 million and intends to withdraw the remaining USD900 million in support of the implementation of their FY2013 budget; in particular, the extension will enable the withdrawals to be more aligned with the implementation of the RTG's investment plans for FY2013 (October 2012-September 2013) which will mostly be in the first half of 2013. The extension will also be helpful in lowering the cost of swapping the PSRDPL proceeds from US dollars to Thai Baht for the RTG. The baht swap market is quite thin and is therefore volatile. The extension of the PSRDPL closing date to June 2013 will make it difficult for speculative investors to predict when the Ministry of Finance (MOF) will make the swaps and how much each time. The extension will also allow the MOF to make swaps in smaller amounts at a time - which will not swing the swap market by too much which is undesirable by (and may hurt) other non-speculative clients in the swap market (e.g. exporters). This will be the second extension of the project, and a cumulative extension of nine months. Show Less -