Connect with us

Published

on

BANGKOK (NNT) – There has been strong criticism of the government’s 3-month 5,000 baht monthly compensation scheme, in regard to the campaign’s criteria for eligibility.

The Cabinet has now approved an extension of the campaign to cover more people affected by the COVID-19 disruption, now totalling about 14 million persons.

The Ministry of Finance yesterday reported in the Cabinet’s meeting that registrations in this compensation campaign have seen 27.76 persons register from 28th March to 16th April, a number much higher than expected.

Meanwhile, the Ministry of Finance has received complaints from some rejected registrants whose listed occupational information was inaccurate, particularly those listed as farmers while in fact their main occupations are general employees, laborers, or freelancers.

The Ministry of Finance will be extending the campaign to cover these people, who will however, no longer receive any other COVID-19 related aid packages offered through farmers’ groups or cooperatives should they apply under those schemes.

Additionally, registrants who have been rejected because the system recognized their occupation as student, but who are actually part-time students while mainly working at full-time or freelance jobs, will also be covered.

This extension of the campaign raises the number of eligible persons from 9 million to 14 million.

Source : NNT

Click to comment

Leave a Reply

Economics

Recovering global trade supports APAC economies but Tourism exposure will temper Thailand’s rebound

The direct contribution of travel and tourism to Thailand’s economy was around 10% of GDP before the pandemic, but the economic repercussions of a significant slowdown are more widespread given a large informal tourism sector.

Published

on

Export growth better-than-expected in December 2020. However, amid the second wave of COVID-19 infections, exports could fall below previously forecasted levels in 2021.

Moody’s Investors Service says in a new report that a resurgence in coronavirus cases along with low vaccination rates in Asia Pacific (APAC) pose renewed risks to domestic demand, although recovering global trade will support the region’s more export-oriented economies.

(more…)
Continue Reading

Economics

Thai Government Plans to Increase 2022 Investment Budget by 90 Billion baht ($2.84 bln)

According to the 2022 fiscal budget bill, which has public spending set at 3.1 trillion baht, accounting for 17.9% of GDP, the government would need to borrow 700 billion baht to offset the deficit.

Published

on

BANGKOK (NNT) – The Budget Bureau notes that the Thai government plans to increase its investment budget by 90 billion baht in the fiscal year 2022, in compliance with a law related to state financial and fiscal discipline.

(more…)
Continue Reading
Wise

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 14,106 other subscribers

Recent