Government touts stimulus packages

Three key economic stimulus packages — the co-payment subsidy scheme, the We Win financial aid programme and the Section 33 We Love Each Other programme — are estimated to have pumped at least 250 billion baht in monetary circulation as of March 25 this year.

Deputy government spokeswoman Rachada Dhnadirek said the three schemes are considered very effective not only in helping shore up people’s spending power, but also improving the economy as a whole.

Ms Rachada said from the launch of the co-payment scheme last year on Oct 23 until March 25, spending from both the subsidy and out of pocket was a combined 100 billion baht.

Of the total spending, the state subsidy was worth 48.8 billion baht and 51.2 billion was…