. Earth Science News .

Thai opposition challenges PM over flood budget
by Staff Writers
Bangkok (AFP) Nov 9, 2011

Thailand's opposition lashed out Wednesday at Prime Minister Yingluck Shinawatra's financial plans for dealing with the worst floods in half a century, saying the economy was under threat.

Her main rival Abhisit Vejjajiva, leader of the Democrat Party, urged Yingluck to forgo certain populist spending policies such as help for first-time home and car buyers and to divert the money to flood victims.

"The government has not reviewed and prioritised the economy and therefore is jeopardising the next phase of economic management," said the former premier, who was replaced by Yingluck after a July election defeat.

He was speaking during a parliamentary debate on the 2012 national budget, which earmarks total spending of about 2.4 trillion baht ($78 billion) -- some 400 billion baht less than expected revenue.

Yingluck's plan to raise 120 billion baht for flood relief by asking each ministry to allocate 10 percent of its budget was "unrealistic," added Abhisit.

The Thai floods, triggered by months of unusually heavy rains, have killed 529 people and damaged the homes and livelihoods of millions around the country.

The waters also forced the closure of thousands of factories -- interrupting global supply chains, putting more than half a million people temporarily out of work and costing the economy billions of dollars.

Abhisit noted that the government's forecast of 3.5-4.0 percent economic growth this year was higher than the central bank's projection of 2.6 percent.

Yingluck, a political novice and sister of fugitive former premier Thaksin Shinawatra who only came to power in August, has been under enormous pressure to tackle the three-month-old flood crisis.

Yingluck's administration has faced criticism for its confusing information about the floods and has angered some residents with its efforts to keep central Bangkok dry at the expense of outlying areas.

The former businesswoman is skipping an Asia-Pacific summit in Hawaii this weekend, postponing her debut on the world stage to deal with the floods, which are advancing deeper into the capital, home to 12 million people.

The finance ministry estimates the financial cost of the floods at 180 billion baht and expects 2011 economic growth will be cut by 1.7 percentage points because of the disaster, but still exceed 2.0 percent.

Related Links
Bringing Order To A World Of Disasters
A world of storm and tempest
When the Earth Quakes

Get Our Free Newsletters Via Email
Buy Advertising Editorial Enquiries


. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Current Training Programs May Not Prepare Firefighters to Combat Stress
Santa Monica, CA (SPX) Nov 07, 2011
Current training programs may not effectively prepare firefighters for the range of scenarios they are likely to encounter, according to human factors/ergonomics researchers Michael R. Baumann, Carol L. Gohm, and Bryan L. Bonner. In their October 2011 Human Factors article, "Phased Training for High-Reliability Occupations: Live-Fire Exercises for Civilian Firefighters," the authors assess ... read more

Thai opposition challenges PM over flood budget

Tokyo city starts radiation tests on food in shops

Social media use soars in flood-hit Thailand

Current Training Programs May Not Prepare Firefighters to Combat Stress

Adobe pulls plug on Flash for mobile

Electronics set to power US holiday sales: report

Tying atomic threads in knots may produce material benefits

GMV Awarded Contract For Paz Satellite Control Center

Hey bacterial slime get off of my boat

Drinking water from plastic pipes - is it harmful?

Sea life "must swim faster to survive"

Geologists find ponds not the cause of arsenic poisoning in India's groundwater

NASA Airborne Mission Maps Remote, Deteriorating Glaciers

Peatland carbon storage is stabilized against catastrophic release of carbon

New webcam allows world to watch live polar bear migration

Campaigners push for vast Antarctic marine reserve

China food chain shares up after buyout gets OK

Nitrogen Fertilizers' Impact on Lawn Soils

Research team unravels tomato pathogen's tricks of the trade

Peru's Congress approves 10-year GMO ban

Thai PM to skip APEC summit due to flood crisis

Orange smoke billows out of Congolese volcano

Aid groups warn over Pakistan flood fund

More than 500 die in Thai floods

Climate to widen sleeping sickness risk to southern Africa

Hitting the bottle to solve Nigeria's housing problem

China denies abuses in Zambian mines

Kenya claims Somali rebels receive third weapons airdrop

The selective advantage of being on the edge of a migration wave

Erasing the signs of aging in cells is now a reality

The benefits of being the first to settle

Human skin begins tanning in seconds, and here's how


The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement