A meeting of cabinet ministers, resolved to extend financial assistance of 3.3-million-baht to the United Nations COVID-19 Response and Recovery Multi-Partner Trust Fund (UN COVID-19 MPTF).
The Deputy Government Spokeswoman, Dr. Ratchada Thanadirek, said that the cabinet meeting agreed with a proposal to draft an agreement with the UN COVID-19 MPTF, an inter-agency finance mechanism to support low- and middle-income program countries in overcoming a health and development crisis caused by the COVID-19 pandemic.
The fund’s financial requirements are projected at 2 billion dollars US, and be established for a period of two years, or until April 2022. An agreement will be signed by the UN Development Program (UNDP) to ensure transparency in the utilization of the funds. The cabinet agreed that the Ambassador and Permanent Representative of the Kingdom of Thailand to the United Nations in New York, will sign the agreement, on behalf of Thailand.
The Ministry of Foreign Affairs approved the financial assistance of 100,000 US dollars, or about 3.3 million baht, to the UN COVID-19 MPTF, using the ministry’s budget for fiscal year 2020. This is to highlight Thailand’s cooperation with the UN in tackling the COVID-19 pandemic, and the country’s efforts to achieve sustainable development, without leaving anyone behind.
Other nations that have contributed funds to the UN COVID-19 MPTF include the Netherlands, Denmark, Norway, Switzerland and Slovakia. (NNT)
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