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Other countries · Atlas Politics Portal |
Foreign Aid to Thailand 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.
References
This article contains material from the Library of Congress Country Studies, which are United States government publications in the public domain.[1]
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