New aid measures to bump spending
Government expects six new schemes to help generate B400bn
The government’s new relief packages are expected to generate spending of up to 400 billion baht, which could increase GDP growth by one percentage point, says Kulaya Tantitemit, director-general of the Fiscal Policy Office (FPO).
Ms Kulaya said this will only happen if people fully participate in the six new relief measures by increasing their spending, especially under “the more you spend, the more you get” scheme.
The “Ying Chai Ying Dai” scheme, which is expected to attract 4 million participants, offers cashback e-vouchers to people between July and…