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Another B43.5bn package to spur consumption

A blank flight information board is seen at Suvarnabhumi Airport during the coronavirus disease pandemic in Bangkok on Oct 12. (Reuters photo)

Another 43.5 billion baht will be allocated to boost domestic consumption and local travel, officials said on Wednesday, as the government tries to revive a flagging, pandemic-hit economy.

Some 22.5 billion baht will be offered to 5 million new consumers, or 3,500 baht each, under the current co-payment scheme. The 10 million consumers who had already signed up would get a further 500 baht, finance ministry official Pornchai Theeravet told a briefing.

The new package would be given in small amounts from January to March, while 1,500 baht would be offered to some 14 million low-income earners, he said, as “New Year gifts”.

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