| Although that $160 billion stockpile is nowhere near China's at close to $4 trillion, it still puts Thailand at number 14 in the world, just below Germany's $193 billion and above Great Britain's $156 billion. As $160 billion is equivalent to over eight months of Thailand's goods imports in 2014, it is judged excessive by many economists who consider keeping international reserves to about three months of imports sufficient to weather any unexpected events.
That government was also reported to have considered putting part of the reserves into a newly created sovereign wealth fund, whose investments could include buying shares and bonds of companies that would build and operate infrastructure projects in the kingdom. Nothing along those lines came to fruition following strong resistance from various quarters...............................................Full Article: Source
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