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Saturday, May 4, 2024

Ministry preps B37.1bn financial relief package

A 37.1-billion-baht budget is planned as a financial remedy to assist employees covered by Section 33 of the Social Security Act (SSA) and state enterprise employees, says a Finance Ministry official.

The sum covers 9 million people and the “Section 33 Rao Rak Kan” (We Love Each Other) proposal will be forwarded for cabinet approval on Monday, said a Finance Ministry official who requested anonymity.

The committee overseeing the expenditure of the 1-trillion-baht emergency loan decree has approved 4,000 baht each for employees covered by Section 33 of the SSA, said the source. The 37.1-billion-baht budget comes from the emergency loan decree.

Important eligibility criteria include having deposits in a bank account not exceeding 500,000 baht as of December 2019, without any limitation for eligibility placed on each employee’s monthly salary. This is different from…

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