Plenty of budget to deal with latest outbreak, says Finance Minister

By The Nation

 

Finance Minister Arkhom Termpittayapaisith

 

Finance Minister Arkhom Termpittayapaisith said on Monday the country still had sufficient budget to curb the Covid-19 outbreak, following a surge in cases over the weekend.

 

The government still has hundreds of billion baht left from the Bt1 trillion borrowing under the emergency decree to combat the crisis, he added.

 

He said it was too soon to evaluate the impact on the economy of the latest outbreak, numbered at 821 cases on Monday.

 

The Council of State said that of the total Bt1 trillion borrowing, Bt450 billion was earmarked for vaccine procurement and another Bt550 billion to relieve burdens on people hit by the fallout of Covid-19.

 

Another Bt400 billion has been allocated for economic revival, though this can be redirected to the relief fund.

 

Source: https://www.nationthailand.com/business/30399977

 

 

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Hmmmm, 

3 hours ago, webfact said:

Another Bt400 billion has been allocated for economic revival, though this can be redirected to the relief fund.

Being cynical would make me ask, "Who's relief fund?"

3 hours ago, webfact said:

The Council of State said that of the total Bt1 trillion borrowing, Bt450 billion was earmarked for vaccine procurement and another Bt550 billion to relieve burdens on people hit by the fallout of Covid-19.

 

Another Bt400 billion has been allocated for economic revival, though this can be redirected to the relief fund.

 

I may be wrong, but 450 billion + 550 billion = 1000 billion = 1 trillion!  Where is the additional 400 billion coming from! ????

 

5 hours ago, webfact said:

The government still has hundreds of billion baht left from the Bt1 trillion borrowing under the emergency decree to combat the crisis, he added.

So why doesn't it buy some vaccines?

10 hours ago, webfact said:

the country still had sufficient budget

 

Relieves the burden of people hit by the fallout ? When ? I know plenty of Thais who have zero income and haven’t had for months since all their work places closed or basically have little customers to justify staying open in their business  !