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Monday, May 13, 2024

World Bank VP suggests flood controls for sustainable economy in Thailand

While Thailand aims to improve its economic performance, to be that of a high-income country by 2037, the government needs to overcome several major issues. A policy ensuring climate-resilient development is indispensable in sustaining economic growth, as increased flooding in Thailand has had a huge impact on the economy.

In an exclusive interview with Thai PBS World, World Bank Vice President for East Asia and Pacific, Manuela V. Ferro, said that a joining of forces between the Thai government and the World Bank could expedite the completion of a flood management project in the Chao Phraya River basin.

World Bank Vice President for East Asia and Pacific visited Royal Irrigation Bureau for a water management project in Ayutthaya on 22 March. Photo credit: World Bank

“Thailand’s government is implementing a huge, complex and ambitious project to manage flooding, which requires…

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