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DDPM Transfers 4.7B Baht to Government Savings Bank

DDPM Director-General Nirat confirms the 4.7 billion baht flood relief fund has been transferred to GSB, with payouts expected this week.

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Inewgen
05 Oct 2026Source: Khaosod Politics2 min read (0 views)
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DDPM Transfers 4.7B Baht to Government Savings Bank

Stock photo for illustration only, not from the actual event

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  • DDPM transfers the entire 4.7 billion baht flood relief budget to the Government Savings Bank
  • Funds expected to reach eligible disaster victims within this week, taking 1-2 days per account
  • The agency adopts a rolling payout system rather than waiting for all lists to complete
  • Director-General admits the initial budget is insufficient and plans to request more

On Oct 5, 2026, at 10:15 AM at the Department of Disaster Prevention and Mitigation (DDPM), Director-General Nirat Phongsiththavorn provided an update on the ongoing flood relief compensation, indicating that payouts to affected citizens are highly likely to be processed within this week.

The cabinet-approved budget of 4.7 billion baht has been delivered in full to the Government Savings Bank. Once recipient details are verified and meet the required criteria, funds can be directly transferred to approved bank accounts within just one to two days.

4.7BInitial cabinet-approved budget
1-2 daysProcessing time after verification

Nirat further explained the distribution strategy, emphasizing that the agency will not wait for all applications to be compiled at once. Those whose documents are verified and correct will receive their funds on a rolling, account-by-account basis to speed up assistance.

Government Savings Bank Thailand

Stock photo for illustration only, not from the actual event

However, when asked whether the 4.7 billion baht allocation would be adequate, the DDPM chief candidly admitted that it is unlikely to be enough, as several affected areas were not included in the initial cabinet resolution.

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โฆษณา

"It probably won't be enough because there are still areas not included in the cabinet resolution. If it's not enough, the Prime Minister told us to request more. This budget is only the first batch, and if insufficient, we will gradually submit requests to the cabinet without needing to wait for a large batch."

Nirat Phongsiththavorn

Contextual Analysis: Disbursing the disaster relief budget through state financial institutions like the Government Savings Bank reflects an effort to accelerate financial aid to citizens by bypassing bureaucratic bottlenecks. The strategy of requesting incremental budget additions rather than a single massive lump sum allows the government to remain flexible in addressing overlooked or expanding disaster zones effectively.

Source: Khaosod Politics

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