Deputy PM Approves Sports Fund Budget for 10 Associations
Deputy PM Somkid Thongsri approved an 812 million baht sports budget for 10 associations in the 2570 fiscal year, with weightlifting receiving the highest allocation at 35 million baht.
Deputy Prime Minister Somkid Thongsri chaired the 9th meeting of the National Sports Development Fund management committee on July 23, approving the 2570 fiscal year budget framework for the first 10 sports associations and providing additional support for three associations participating in the Asian Games.
The meeting approved a total budget of 812 million baht distributed across four performance-based tiers. The highest tier, designated for very high-potential sports, allocated up to 35 million baht to weightlifting, while two associations in the high-to-moderate potential tier each received up to 8 million baht, and seven developing-potential associations received up to 2 million baht each. The remaining 80 of 90 registered sports associations were urged to submit their documentation and performance records to the fund office for future consideration according to established criteria.
