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The government will deploy 225 billion baht in financial resources for 51 million Thai. The cabinet approved stimulus measures on Wednesday, including an extension of two subsidy programs by a month for an amount of 85,5 billion baht.

This package concerns both low, middle and high incomes who can benefit from a package of stimulus measures to stimulate the Thai economy (see the overview below).

Thailand is taking a hard economic hit because the number of corona infections is rising and a lockdown has been imposed in a number of provinces. The vaccination program is barely getting off the ground, so Thailand will probably be confronted with the consequences for a long time to come.

Source: Bangkok Post

9 Responses to “Thai government allocates 225 billion baht for aid and economic stimulus”

  1. ruud says up

    Good news I see.
    I get a discount on my electricity bill again.

    A wonderful feeling, getting money from the Thai government.

    • Karelthai says up

      Discount on the electricity bill only with less than 150 units
      (KWH)

  2. bart says up

    What I am most curious about is in which pockets the most money ends up, I hope mainly in the pockets of the poorest, but unfortunately I think this will not be the case.

    • He says up

      I'm afraid not either. Have several examples in the area of ​​people who really don't need it but do get it. And also people who need it but don't get it because they don't have a smartphone with which you can get that 7000 baht store discount, for example.

  3. GeertP says up

    I am convinced that the money will end up in the “right” place.
    Noy and Dauw, please be patient.

  4. Johnny B.G says up

    These measures also benefit people who do not need them and by that I mean staff of companies where they simply receive their wages. In previous support programs, people with a fixed salary of up to what I know were 25000 baht per month were given these pleasures. There is no point in trying to see the logic in this and the only good thing is that the 225 billion is now spent a little less stingily and that this, for example, benefits the market traders and then the farmers.

  5. Somewhere in Thailand says up

    Told it to my wife and she replied that it is a proposal that has been submitted to the Government and will be decided next week whether to approve it.
    Many people disapprove, for example, because of this. First they received 1000 b per week for 7 weeks, now that is reduced after 2000 b so 2 weeks 1000 baht and then it's over. Electric they want to keep the bill from April and that is the most expensive month for most people because it is very hot.

    So just wait for next week
    Pekasu
    Mzzl

  6. Kees says up

    Why not spend part of that money on vaccinating the entire population as quickly as possible in order to quickly achieve herd immunity. Then life can quickly return to normal. I know that takes time, but as it is now, the problem will be solved with St. Juttemus in 2023. This will get us further away from home than those few months with vaccination.

    • Ger Korat says up

      That is indeed the solution, nothing to do with a baht or 1000 here and there, but to use the money for large-scale purchase of vaccines and massive and rapid vaccinations. And then the economy will get a boost again because tourism can be started again, with a few hundred billion baht revenues per month. And daily life can return to normal, getting out of panic mode and just earning and spending money again. Hotels open again, restaurants open, public transport back to normal, shops open day and night again, theme parks and national parks accessible again, people back to work normally and, importantly, schools open as usual, preventing learning arrears. Why they don't just use a billion or 200 for this is also a mystery to me, simply issue an extra government loan, enough money in the Thai economy and the national debt remains limited, everyone seems happy to me. Simply approaching the virus as a problem economically and financially and then looking for the right solution will ultimately benefit the population.


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