Combined total of 70 billion baht spent under 3 stimulus projects by April 30th

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More than 70 billion baht, of a combination of funding from the government and consumer’s own money, has been spent under three economic stimulus projects, rolled out by the government to increase the purchasing power of consumers,which came to an end at the end of April, according to Pornchai Thiraveja, director-general of the Fiscal Policy Office and spokesman for the Finance Ministry.

 

The projects were the 4th phase of the 50:50 co-payment scheme, the 4th phase of the scheme to increase the purchasing power of 13.37 million state welfare card holders and the 2nd phase of the scheme to increase the purchasing power of 1.31 million people classified as needing special help.

 

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Spending from the 4th phase of the co-payment scheme among 26.27 million people who joined the scheme, including 25.46 million who have joined the 3rd phase, amounts to about 60 billion baht, about half of them are state contributions. About 1.36 million business entrepreneurs have joined the scheme, including about 29,800 who only joined the 4th phase of the scheme.

 

Full story: https://www.thaipbsworld.com/combined-total-of-70-billion-baht-spent-under-3-stimulus-projects-by-april-30th/

 

-- © Copyright Thai PBS 2022-05-02

 

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[RandiRona]

YaY!!!!  Everyone in the cabinet is rich!

[RichardColeman]

Seems a daft story about a daft government blowing their own hooter about spending being up due to them daftly paying 50% of the cost of everything !