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Monday, April 29, 2024

Second co-payment phase shaping up

The second phase of the co-payment scheme, where the government subsidises 50% of food and goods purchased at small shops, will cover as many people as possible, says a senior Finance Ministry official.

Details of the scheme will become clearer in mid-December. The quota of 10 million people was filled during registration for the first phase co-payment scheme on Oct 29, said Krisada Chinavicharana, the finance permanent secretary.

The main details to be deliberated are the quota for the second phase, the amount of cash subsidy given to each individual and the scheme’s duration, which could be extended until the Chinese New Year in mid-February, said Mr Krisada.

If the second phase offers more benefits to registrants, those in the first phase will receive the same in the form of top-up benefits, he said.

The co-payment scheme allows registered individuals who make…

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