Foreign aid to Thailand
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Foreign Aid to Thailand On July 31, 2003, Thailand repaid its outstanding obligations under a standby arrangement from the International Monetary Fund designed to help it recover from the 1997 Asian financial crisis. The payment was made one year ahead of schedule, reflecting the 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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This article contains material from the Library of Congress Country Studies, which are United States government publications in the public domain.
