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Thursday, May 2, 2024

Govt extends subsidy and welfare plans

Govt extends subsidy and welfare plans

B43.5bn to boost economy, says PM

Welfare card holders are withdrawing money from an ATM in Buri Ram province last year. (Photo: Surachai Piraksa)

The government is earmarking 43.5 billion baht to stimulate the domestic economy through an extension of the co-payment scheme that subsidises 50% of food and goods purchased at small shops, as well as its state-sponsored welfare card programme for low-income earners. The 43.5 billion baht covers 22.5 billion baht to be allocated to the second phase of the co-payment scheme and 21 billion baht for the state welfare card programme.

The second phase of the co-payment scheme will use funds from the 400 billion baht designated for economic and social rehabilitation through…

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