Latest Thai stimulus injection expected to stem the bleeding, not boost economy

[webfact]

 

By Thai PBS World’s Business Desk

 

The government launched its latest stimulus package on June 1 in a bid to shore up the economy and aid those impacted by Thailand’s third wave of COVID-19. Worth Bt140.4 billion, the package covers 51 million people.

 

From July, all state-welfare cardholders will get a monthly Bt200 cash handout until the end of the year. This is the third handout scheme launched by the government since last year. The disabled and those who do not have a smartphone will also get monthly payments of Bt200.

 

The government also extended the co-payment subsidy scheme for a third time to help low-income people with daily shopping and travel expenses. The scheme offers a subsidy of up to Bt150 per day, capped at Bt3,000 per person.

 

Full story: https://www.thaipbsworld.com/latest-thai-stimulus-injection-expected-to-stem-the-bleeding-not-boost-economy/

 

-- © Copyright Thai PBS 2021-06-03

 

- Whatever you're going through, the Samaritans are here for you

- Follow Thaivisa on LINE for breaking COVID-19 updates

[hotchilli]

18 hours ago, webfact said:

From July, all state-welfare cardholders will get a monthly Bt200 cash handout until the end of the year

Jeez.

[joecoolfrog]

3 hours ago, hotchilli said:

Jeez.

Truly pathetic isn't it !

[Elkski]

So half a days factory worker salary.   That is like 5 beers.  Or 4 cheap meals?   Is that a typo?   Not 2000?

[Lingba]

200 baht?...wonderful