Government approves fourth phase of co-payment scheme, starting February 1

The Thai cabinet approved the fourth phase of the 50:50 co-payment economic stimulus scheme today (Monday), to be rolled out on February 1st, which coincides with Chinese New Year’s Day.

This time, just 1,200 baht will be granted to those who have already registered under the previous three phases. The amount is to be used to buy food, drinks and other general products and services, such as spa treatments, massages, haircuts or hair dressing, manicures and public transport.

The subsidy will last for three months and the maximum amount of spending per day is 150 baht.

According to the Fiscal Policy Office of the Finance Ministry, this new phase of this stimulus scheme will cost the government about 34.8 billion baht.

Full Story: https://www.thaipbsworld.com/government-approves-fourth-phase-of-co-payment-scheme-starting-february-1/