Jump to content

Children’s subsidy ‘will empty the country’s coffers’


webfact

Recommended Posts

Children’s subsidy ‘will empty the country’s coffers’

By PRATCH RUJIVANAROM 
THE NATION

 

e4084ccb0bc4701ff797b36a119eda7a.jpeg

File photo

 

Phalang Pracharat Party leader hits back at critics, insists policy would boost Thailand’s human resources.

 

image.png

 

EXPERTS have accused the pro-junta Phalang Pracharat Party of presenting populist policies that would lavish huge sums on voters and leave the country bankrupt.

 

Dr Suphat Hasuwankit, director of Chana Hospital and a member of the Rural Doctors Society, said the country’s treasury could be stretched to the limit by the party’s “Manda Pracharat” policy which would cost Bt126 billion annually for six years.

 

According to Phalang Pracharat leader Uttama Savanayana, who explained the policy on Facebook on Tuesday, Manda Pracharat would provide monthly subsidies to children from the foetal stage until they are six years old.

 

b33ef551797fd2bf60bde5000d47430f.jpeg

 

Bt181,000 per year per child

 

Women would be given Bt3,000 per month for all nine months of their pregnancy and another Bt10,000 to cover delivery expenses. After birth, the child will be provided a monthly subsidy of Bt2,000 until it turns six. Each family would receive a total Bt181,000 per child.

 

Despite praising the concept in theory, Suphat said in practice the policy would use up a significant portion of the yearly national budget and end up dragging the country into a financial crisis.

 

“I don’t know if Phalang Pracharat did the maths before announcing this policy, because according to Public Health Ministry statistics, some 700,000 babies are born in Thailand every year,” he said.

 

“If we multiply this by the Bt181,000 subsidy per child, then the government will have to spend more than Bt126 billion per year.”

 

He pointed out that this amount was much higher than the Bt180 billion earmarked every year for the Universal Healthcare scheme, which covers 47 million people.

 

“I agree that every party needs to come up with policies to win votes, but this one is not only going to bankrupt our country; it clearly looks like Phalang Pracharat is planning to use our tax money to buy votes,” he said.

 

Uttama defended the policy, however, saying his party’s aim was to invest in building a quality human-resource capital by offering financial aid to families so they are able to better raise their children.

 

“Each child represents invaluable ‘capital’ for the nation, so it is our priority to invest in developing good human resources,” Uttama said.

 

“Though we need to do more, ensuring good care in children’s first six years will help create a firm foundation for further development later.”

 

Uttama, who served as industry minister before stepping down to lead the party, said Phalang Pracharat had already worked out where the funds would come from and that the details would be disclosed soon.

 

Subsidising motherhood

 

The pro-junta Phalang Pracharat Party has launched its “Manda Pracharat” or “Mother Pracharat” policy, pledging funding for every child from the foetal stage to six years old. Details:

 

Monthly subsidy for pregnant women: Bt3,000 for 9 months

Subsidy for childbirth: Bt10,000

Monthly subsidy for child until six years old: Bt2,000

Total subsidy per child: Bt181,000

Source: Palang Pracharat Party

 

Source: http://www.nationmultimedia.com/detail/national/30364089

 

thenation_logo.jpg

-- © Copyright The Nation 2019-02-14
  • Haha 2
Link to comment
Share on other sites


Minus the 10,000, plus minus the 3000,

leave the 2000 for every child that would be more sustainable,  part of those savings then can be spent on reducing class size by building more schools and paying a decent wage for quality teachers, 

Already so many schools are over crowded 50 students per class in many , one teacher to allot how much time if a student needs guidance,   

I have seen this first hand, and most students will then get lost to the system over time, 

 

 

 

  • Like 1
Link to comment
Share on other sites

5 hours ago, webfact said:

“Each child represents invaluable ‘capital’ for the nation, so it is our priority to invest in developing good human resources,” Uttama said.

on the other hand, each child also represents a future motocy gang member, ya ba addict and lost-face killer.

Improve your society first, before flooding your nation with more "potentials".

  • Like 2
  • Sad 1
Link to comment
Share on other sites

6 hours ago, webfact said:

EXPERTS have accused the pro-junta Phalang Pracharat Party of presenting populist policies that would lavish huge sums on voters and leave the country bankrupt.

Versus Prayut's populous "gifts, high speed trains and military weapons.

Children bad - military good.

Link to comment
Share on other sites

The idea that you pay money for women to have babies is among the craziest ideas that anyone could put out there. 

Seriously, we're talking crackhead politics. 

The net effect would be more child beggars. More single mothers. More teenage pregnancies. More women ending up in prostitution. Even the emergence of baby factories to rort the system. 

Seriously bad crack head idea. 

  • Like 1
Link to comment
Share on other sites

6 hours ago, Gulfsailor said:

I think Suphat needs to redo his maths. The 181,000 Baht is the total cost per child over a period of 6 years + 9 months, not per annum.

 

Most Western countries have a scheme like this, to entice people to have children and prevent an ever aging population bankrupting the country in the future. It's either doing this or importing lots of new workers via immigration. 

I thought so to however he is totally right in his calculation. The first year it might be cheaper but it compounds. So his math is correct in year 6 you got 6 x 700.000 kids. So yes its correct. I could write it all out for you but I think if you look at it again you will see he is right for the cost per 6 from year 6 on.

 

Unless they can find that kind of money its totally unrealistic. Would be nice if they could cut it from the armed forces. However this is NOT pocket change at all and there needs to be a way to finance this.

  • Like 2
Link to comment
Share on other sites

8 hours ago, ukrules said:

Changes like this will bring Thailand firmly into the 20th century.

 

There is no typo in the above comment.

True. And if they cannot afford it, perhaps they need to overhaul their taxation system.

Thailand's Top 50 Richest On Forbes List See Rise In Wealth

Forbes Corporate Communications


SINGAPORE (May 3, 2018) –Thailand’s richest saw their collective wealth surge to more than US$162 billion, up one third from the previous year. Among the top 50 richest on the 2018 Forbes Thailand Rich list, two-thirds saw their wealth rise, with the top four alone adding close to $25 billion (...)

 

 

Link to comment
Share on other sites

6 hours ago, Gulfsailor said:

 I Most Western countries have a scheme like this, to entice people to have children and prevent an ever aging population bankrupting the country in the future. t's either doing this or importing lots of new workers via immigration. 

 

Or letting the sickly and resource demanding elderly die off.

 

Instead of desperately trying to keep them alive and supported for eternity.

 

Natural selection........21st century style.

 

The ultimate, long term result of more children is........more and more elderly to maintain if we insist they have to be kept alive for as long as possible.

 

That is what has caused the demographic "problem" in the West.

 

 

 

Edited by Enoon
  • Thanks 1
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.








×
×
  • Create New...
""