Co-pay scheme generates B70bn
Goal of the scheme is to stimulate consumer spending
Capital worth 70 billion baht circulated in the economy during the 3½ months of the co-payment subsidy scheme, says the Finance Ministry.
From Oct 1, 2020 to Jan 21, 2021, the total amount spent via the e-wallet application under the co-payment scheme was 70 billion baht, said Kulaya Tantitemit, acting director-general of the Fiscal Policy Office.
Of the 70 billion baht, 51% was the amount spent by eligible registrants, with the rest attributed to government subsidy, said Ms Kulaya.
The consumer spending was tallied through 750,000 registered retail stores and stalls nationwide, she said.
Of 750,000…
