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Word: phasukvanich (lookup in dictionary) (lookup stats)
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...government, villages like Bahn Rong Kong Khao are proof that its policies of driving growth from the grass roots are working. "By giving [the poor] access to capital, we have given them the chance to show that they are capable of imagination and expansion," says Chakramon Phasukvanich, secretary-general of the National Economic and Social Development Board, a governmental planning agency. Finance Minister Suchart Jaovisidha says concerns that loans to farmers would load the sector with even more debt have proved unwarranted: "It's been very successful. About 97% of loans have been paid back. It's much better than...

Author: /time Magazine | Title: The Thaksin Effect | 10/20/2003 | See Source »

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