Bt2,000 hand-outs coming to low-income earners

[rooster59]

Bt2,000 hand-outs coming to low-income earners

By THE NATioN

 

The Finance Ministry's cash handout proposal has been approved by the Council of Economic Ministers.

 

The Council of Economic Ministers on Friday (March 6) endorsed a Finance Ministry proposal to give low-income people Bt2,000 each via an e-payment channel.

 

 

Minister Uttama Savanayana said after the meeting there will be a Bt1,000 payment per month for two months for low-income earners, farmers and people who do freelance work. The handout will begin in April.

 

The number of people eligible has yet to be calculated, he said.

 

The cash handout is among the ministry’s first set of relief measures coming in response to an economy staggered by the Covid-19 virus outbreak.

 

It will present the full package to the Cabinet next week.

 

Uttama had said earlier that other measures included soft loans to commercial banks from the Government Housing Bank to be distributed among affected businesses, and tax incentives to discourage companies from laying off employees.

 

Source: https://www.nationthailand.com/business/30383515

 

-- © Copyright The Nation Thailand 2020-03-07

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[neeray]

Good! It doubled since I read about it yesterday. But still not enough.

[christophe75]

(to talk about the "merits" from an economic point of view of such "decision" would be of course inane.).

 

The reaction is always the same.

 

It shows a state of mind. A specific way to see the world, deeply ingrained.

 

The feudal state of mind.

 

For any question and/or problem... let's give to the serf/peasant/slave a "token" (a bag of rice,  a picture, a medal, a coin, a 1000 THB bill etc.).

 

Really fascinating.

Edited March 7, 2020 by christophe75

[asiaexpat]

2000 baht that will be spent immediately. The government still has not realized where to invest funds such as schools, medical facilities and job creation. 

[PatOngo]

Wow! Their generosity is akin to their IQ! Pretty low!

[nausea]

Bread and circuses.

[Chelseafan]

2 hours ago, PatOngo said:

Wow! Their generosity is akin to their IQ! Pretty low!

How much would you give them ?

[PatOngo]

7 minutes ago, Chelseafan said:

How much would you give them ?

I don't really care, I won't be going hungry anytime soon!

[Evolare]

ok but what are they doing to support businesses that are struggling from this...without them people will loose alot more than 2000 when the jobs disappear?

[Isaanbiker]

I get it. The rich people will receive it and most farmers, who really need it, will never hear about it.

 

  TIT? 

[Isaanbiker]

5 hours ago, asiaexpat said:

2000 baht that will be spent immediately. The government still has not realized where to invest funds such as schools, medical facilities and job creation. 

They should stop that school directors have to buy their position and then try to make more money out of it in their reign.

 

Shouldn't it be an excellent qualified educator to run a school?

 

 You'd have thought so, but no. It's only about who pays a couple of million baht.

 

The money paid for is then taken away from all kinds of sources.

 

The government pays a lot of money to especially more prominent government schools.

 

Still, the money usually disappears in individual pockets of greedy people who do not give a monkeyar_e about the students.

 

It's time for a change. I agree with you. 

 

 

Edited March 7, 2020 by Isaanbiker

[worgeordie]

When Thaksin handed money out,it was populist

policies and vote buying,now its just out the 

kindness of the Governments hearts,I am sure

they expect nothing in return ????

regards worgeordie

[trainman34014]

6 hours ago, asiaexpat said:

2000 baht that will be spent immediately. The government still has not realized where to invest funds such as schools, medical facilities and job creation. 

Schools ?  Thailand has the most overfunded Education system in Asia yet the worst results, so pumping more into the bottomless pit ain't gonna change things for the better !

[ChrisY1]

Oh goody....of course the rich will put out their hands....free money for all is great. Thb 2000.....maybe a dinner for 2 in BKK.....dinner for 3 in Hua Hin :))

[SinCityGr8One]

It's better than nothing for the unfortunate people that truly needs it.

[Yorkshire Tea]

My wife doesn't have a job.  How can she claim my beer tokens?

[ubon farang]

11 hours ago, neeray said:

Good! It doubled since I read about it yesterday. But still not enough.

2000 for the poor 2million for the generals

[Scott Tracy]

I'm getting the wife to claim. Free money, you betcha.

[emptypockets]

8 hours ago, PatOngo said:

I don't really care, I won't be going hungry anytime soon!

Nor will we, but I can guarantee the missus will be there with her hand out and a smile on her face.

[emptypockets]

5 hours ago, Isaanbiker said:

They should stop that school directors have to buy their position and then try to make more money out of it in their reign.

 

Shouldn't it be an excellent qualified educator to run a school?

 

 You'd have thought so, but no. It's only about who pays a couple of million baht.

 

The money paid for is then taken away from all kinds of sources.

 

The government pays a lot of money to especially more prominent government schools.

 

Still, the money usually disappears in individual pockets of greedy people who do not give a mon justkeyar_e about the students.

 

It's time for a change. I agree with you. 

 

 

Time for a career change for you. You sound very bitter.

The OP is about a grant to the disadvantaged, poorer members of society. Not about people in full time employment.

Edited March 7, 2020 by emptypockets

[emptypockets]

1 hour ago, ubon farang said:

2000 for the poor 2million for the generals

Where did it say that in the OP?

[trainman34014]

6 hours ago, ChrisY1 said:

Oh goody....of course the rich will put out their hands....free money for all is great. Thb 2000.....maybe a dinner for 2 in BKK.....dinner for 3 in Hua Hin :))

Dinner for six in Chiang Mai !

[unsubscribe]

20 hours ago, rooster59 said:

 

Minister Uttama Savanayana said after the meeting there will be a Bt1,000 payment per month for two months for low-income earners, farmers and people who do freelance work.

1,000BT for freelancers? This must be a short-time stimulus package solution.

[ubon farang]

13 hours ago, emptypockets said:

Where did it say that in the OP?

I see humor is not part of your make-up It is not there Keep up the good work.

[Skeptic7]

Hong Tong, Sang Som and Chang are all hearing Cha-Ching! ????

[dallen52]

On 3/7/2020 at 12:09 PM, neeray said:

Good! It doubled since I read about it yesterday. But still not enough.

And  Australia gives $750.

About 15,000 baht. 

To about 6.5 million people