Job creation, tourism thrust of Bt92-bn stimulus projects okayed by Cabinet

By The Nation

 

 

The Cabinet has approved the first batch of economic stimulus projects worth Bt92.4 billion and also allocated Bt15.5 billion to support job creation and tourism-related projects.

 

Traisulee Traisoranakul, the government’s deputy spokeswoman, said the Cabinet on Wednesday (July 8 ) agreed in principle to okay the first batch of economic stimulus projects under the Bt400-billon emergency package to shore up the economy impacted by the Covid-19 pandemic.

 

The combined cost of the first 186 projects approved in principle is Bt92.4 billion. The final approval will follow shortly, Traisulee said.

 

These projects cover three areas -- Bt51.3 billion to boost the grass roots economy, Bt20.3 billion for financing sustainable development projects, and Bt 22.4 billion for boosting consumption and tourism.

 

The Cabinet has agreed to allocate Bt15.5 billion to finance five projects which are designed to create employment and promote tourism. Other projects will be approved in subsequent Cabinet meetings.

 

First, the Agriculture and Cooperatives Ministry will launch retraining projects for farmers with a budget of Bt9.8 billion. The projects are expected to create 8,018 jobs and generate income for 44,099 farmers nationwide.

 

Second, the Interior Ministry will implement projects costing Bt4.8 billion to raise the quality of life of farmers. These projects will create 6,492 jobs for farmers and generate income for 25,179 farmer households and increase tree plantation to 25,759 rai.

 

Third, the Agriculture and Cooperatives Ministry will implement community businesses regarding earth and fertiliser services with a budget of Bt169.9 million. The ministry aims to create 2,364 jobs and boost value-added business worth Bt253 million as well as reduce chemical fertiliser usage by 20 per cent, or by 18,000 tonnes.

 

Fourth, the Tourism and Sports Ministry will spend Bt15 million to create safety zones for tourists. It will cover five locations, namely Bangkok’s China Town, Asiatique in Bangkok, Chonburi’s Bang Saen beach, Ban Rai Kong King village in northern Chiang Mai, and Nan province’s old town.

 

Fifth, the Natural Resources and Environment Ministry will organise wildlife learning in national conservation parks for tourists with a budget of Bt741.5 million. These projects will create jobs for 1,250 people in wildlife conservation areas, including 125 local tourist guides and entrepreneurs.

 

She said the Cabinet had also approved Thailand’s hosting of MotoGP motorcycle racing from 2021-25 with a budget of Bt900 million.

 

Source: https://www.nationthailand.com/business/30390971

 

-- © Copyright The Nation Thailand 2020-07-09

 

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So stimulating the economy is a good idea. Looking at the figures for a country of 60 plus million seems like throwing a peanut and saying are you full. 15 million for safety zones. Is that it? 125 local tourist guides wow.

 

If anyone really believes that will stimulate growth then they must have the economics from playing monopoly and had a one house on Whitechapel and thinking you are going to be rich.

 

I suppose it is a start but I get the feeling it will have limited impact. When the UK are spending 160 billion pounds, I had to check that the pound to baht was not at a ratio of 1.1 just yet.????

5 minutes ago, webfact said:

First, the Agriculture and Cooperatives Ministry will launch retraining projects for farmers with a budget of Bt9.8 billion

what about the 30% of ground grown vegetables infected/contaminated with tape worm larvae and eggs - a very serious problem 

4 minutes ago, smedly said:

what about the 30% of ground grown vegetables infected/contaminated with tape worm larvae and eggs - a very serious problem 

That is not just a Thailand problem, it's common in many countries:

 

https://www.who.int/vietnam/news/feature-stories/detail/what-you-need-to-know-about-tapeworm-infections

10 minutes ago, Trillian said:

That is not just a Thailand problem, it's common in many countries:

 

https://www.who.int/vietnam/news/feature-stories/detail/what-you-need-to-know-about-tapeworm-infections

and ?

3 minutes ago, smedly said:

and ?

and.....so the Agriculture and Cooperatives Ministry can launch retraining projects for farmers with a budget of Bt9.8 billion. 

IMO, the economy terrible. Can not fix it with government money.

Government money is not free. The thai people must pay it, + interest.

 

Spend the money will not help much. The tourists not come yet, the factory products can not sell much now.

 

I see other countrys spend government money a lot. Debt.

i not want thailand same that. 

Debt make you poor. Pressure. 

Better everyone just live basic now, not borrow big debt. 

 

IMO

Everything is under control and taken care off. The future's looking bright.

 

Safety zones for tourists sounds good.....safer sex?

Use of the word "thrust" in the title gave me a little tingle. 

Wonder how much will end up with the grassroots economy and how much in the brown trouser pocket one ????

Creating jobs in fertilizer ? Can't argue with that one, there sure is a lot of it about currently.

Safety zones for tourists? First of all you have to have tourists which they will not have until they come up with a sensible plan for allowing them back in. Who comes up with this nonsense? Right, the geniuses at the Tourism and Sports Ministry. I suggest just renaming it the Sports Ministry.

 

If the EU can open up to visitors from countries that have managed to control the outbreak (i.e no US Americans or Brazilians, but Canadians OK) why can't Thailand come up with some kind of sensible reopening plan? If they want an economic recovery of any kind in the near term this is almost a necessity.

9 hours ago, webfact said:

agreed in principle to okay the first batch of economic stimulus projects under the Bt400-billon emergency package to shore up the economy impacted by the Covid-19 pandemic.

A lot of pockets are going to be full before this is over.

9 hours ago, webfact said:

Fourth, the Tourism and Sports Ministry will spend Bt15 million to create safety zones for tourists. It will cover five locations, namely Bangkok’s China Town, Asiatique in Bangkok, Chonburi’s Bang Saen beach, Ban Rai Kong King village in northern Chiang Mai, and Nan province’s old town.

The 15 mill will be spent making these signs - and presto, it's a tourist safe zone...

 

Ahhh, the perfect example of the left hand not knowing what the right hand is doing. 

None of the various ministries nor the parliament must actually interact together.  You can't have Machiavellian entrance requirements, health requirements, insurance requirements, quarantine requires and immigration requirements - and then expect to have either tourism or international business. 

But hey, don't let reality get in the way of your illusions Thailand. 

10 hours ago, smedly said:

what about the 30% of ground grown vegetables infected/contaminated with tape worm larvae and eggs - a very serious problem 

Oh Lordy, lordy, lordy.  The MSM propaganda machine is on over-drive as the masses dance on the ends of their strings. 
"If Corona doesn't get you, then the tapeworms will!!! Be Afraid!"

Three days for about 100 THB and Bob's your uncle.  Hopefully Donald Trump won't endorse the cure.