The Finance Ministry will seek the cabinet’s approval on using the remaining 300-billion-baht sum of the 1-trillion-baht emergency loan decree to fund the 3,500-baht money transfer relief scheme for two months for nearly 40 million people.
The cabinet is expected to deliberate the monetary relief scheme today, with expectations that the financial remedy will have to be funded by a budget of around 200-300 billion baht, said a Finance Ministry source who spoke on condition of anonymity.
It was reported previously that the government used a budget of 390 billion baht for last year’s 5,000-baht monthly stipend scheme, which ran for three months.
The two monthly payments of 3,500 baht are among the raft of recently rolled out measures designed to ease people’s plight, the others being reduced electricity and water bills, and soft loans to businesses.
The Finance…
