ABAC poll: 5,000 baht compensation for flood-hit residents is insufficient

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BANGKOK, 8 January 2012 (NNT) – Flood affected people are not satisfied with the THB 5,000 flood recovery compensation, according to the latest survey from ABAC Poll.

The poll, which was conducted among those affected locals in 9 flood-hit provinces regarding home repair and restoration costs after the floods, showed that the majority of respondents or 84.2 percent spent their own money to recover inundated homes and damaged businesses while 40.8 percent needed to rely on the service of fast cash loan. More than half of the respondents also viewed that the amount of financial compensation should be worth more than 5,000 baht.

In addition the poll found that in the aftermath of the floods people are most suffered by increasing expenses, devastated home and damaged belongings and cars respectively.

As for the list of flood recovery plan, home repairs came first with an average cost per household of 37,022 baht followed by electrical appliances and furniture repair or replacement worth 20,745 baht.

News ID: 255501080002

Reporter : Narumon Ngamsaithong