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Tuesday, May 14, 2024

Mixed reviews for latest stimulus

Mixed reviews for latest stimulus

Cash handouts cut for Khon La Khrueng

A massage shop in Chiang Mai has a sign put up for the co-payment scheme to attract more guests. (Photo: Dusida Worrachaddejchai)

The business sector has hailed the government’s fresh spending stimulus measures but says the cash handout under the fourth phase of the “Khon La Khrueng” co-payment subsidy scheme sounds lower than expected. The private sector is also asking for additional stimulus packages to boost consumers’ spending power.

FEWER THAN EXPECTED

Sanan Angubolkul, chairman of the Thai Chamber of Commerce, said the government has made a good decision in continuing to roll out measures to stimulate people’s spending on top of packages approved late last year.

“For the…

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