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Foreign aid to Thailand
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Pichet Chuamuangphan (PTP) Natthaphong Ruengpanyawut (PP)
Kriangkrai Srirak
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 Thailand portal |
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On July 31, 2003, Thailand repaid its outstanding obligations under a standby arrangement made with the International Monetary Fund designed to help it recover from the 1997 Asian Financial Crisis. The payment was made four years ahead of schedule, reflecting Thailand's achievement of macroeconomic and balance-of-payments stability.
Since 2002, Thailand is no longer an Economic aid recipient. Instead, Thailand contributed $60 million in economic aid to the neighboring countries in 2005.
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