Thailand: COVID-19 Active Response and Expenditure Support Program (AIIB-THAILAND-COVID)

Countries
  • Thailand
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Sectors
  • Education and Health
  • Finance
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 500.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 500.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS Jun 29, 2021


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Project Description

The Program’s objective is to mitigate the adverse impacts of COVID-19 on the health of the Thai population as well as on the country’s overall economy by providing urgently needed social expenditures and expanding GoT’s social assistance programs for the poor and vulnerable to reduce the adverse social and economic impacts of COVID-19.

Investment Description

Contact Information

Asian Development Bank

Sophie Duong T. Nguyen

Financial Sector Economist

dtnguyen@adb.org

 

Asian Infrastructure Investment Bank

Toshiaki Keicho

Senior Investment Operations Specialist

toshiaki.keicho@aiib.org

 

Benjarat Tanongsakmontri

Director, International Cooperation Division, Ministry of Finance

tbenjarat@gmail.com