The Finance Ministry is in the process of designing the third phase of the co-payment subsidy scheme to maintain economic recovery momentum.
The ministry is deliberating on the number of eligible recipients and monetary giveaway for each individual in the third phase, said Krisada Chinavicharana, permanent secretary for finance.
Although details of the deliberations have not been finalised, the main difference between the first two phases and the third phase is the latter would permit eligible registrants to use the financial assistance for public services, such as payment for public transport, said Mr Krisada.
“The main reason we have to implement the third-phase co-payment scheme is we want to see continued momentum in Thailand’s economic recovery,” he said.
“The scheme has a multiplier effect that disburses to every segment, especially retail shops that have…
