10,000-Baht Grant for Over 30 Million People Unlikely This Year

[webfact]

 

It is unlikely that over 30 million Thai citizens will receive a 10,000-baht grant under the second phase of the Pheu Thai-led populist handout scheme this year, Deputy Finance Minister Julapun Amornvivat stated yesterday (Sep. 24).

 

Out of approximately 45 million Thais, around 14.5 million will start receiving the funds through their state welfare cards today (Sep. 25), with the remaining 30 million expected to wait until next year, according to Julapun.

 

Among the 14.5 million recipients classified as "fragile," three million will get the 10,000-baht handout tomorrow, with others following daily, the deputy minister added.

However, the second phase of the government's delayed handout, intended for over 30 million people, is unlikely to roll out in the fourth quarter of this year, which starts next month, Julapun noted.

 

It is still uncertain whether the second phase will include the 10,000-baht digital wallet handout, as initially promised by the Pheu Thai party, the core of the coalition government, under the 2025 budget.

 

Picture courtesy: Kasikorn

 

-- 2024-09-25

 

[ikke1959]

Unbelievable... Now the same sex marriage Law is signed the Government will use the revenues of it to show how successful the Digital Wallet Scheme is. But in fact the many upcoming Marriages will boost the economy....... In other countries where the same sex marriages are possible it is proven how much they contribute to the economy 

[Korat Kiwi]

1 hour ago, ikke1959 said:

Unbelievable... Now the same sex marriage Law is signed the Government will use the revenues of it to show how successful the Digital Wallet Scheme is. But in fact the many upcoming Marriages will boost the economy....... In other countries where the same sex marriages are possible it is proven how much they contribute to the economy 

Strange that you tie these two completely different topics together. 

 

I certainly didn't read anything in the OP about same sex marriages. 

 

Maybe the DTV is contributing to this grant too? 

[JBChiangRai]

It will likely resurface at election time.

[ikke1959]

1 hour ago, Korat Kiwi said:

Strange that you tie these two completely different topics together. 

 

I certainly didn't read anything in the OP about same sex marriages. 

 

Maybe the DTV is contributing to this grant too? 

It is not strange.. The Government doesn't want to loose face and the Digital Wallet shall be a success, However the success of the boost of the economy has another reason than the Digital Wallet, but that will be underestimated... Besides that the very expensive THB will bring more THB in Thailand as everything is more expensive for foreign currencies.. The result is that it seems that the economy is growing because there is more money coming in, but that is only because of the expensive THB... How many  (new) orders are there for next year not the THB is  so expensibve? No wonder the Government pretend to be worried and ask the bank to do something, but you will see that the figures will be looking better because of this Government, but it is all fake

[watchcat]

3 hours ago, ikke1959 said:

Unbelievable... Now the same sex marriage Law is signed the Government will use the revenues of it to show how successful the Digital Wallet Scheme is. But in fact the many upcoming Marriages will boost the economy....... In other countries where the same sex marriages are possible it is proven how much they contribute to the economy 

 

Zero?

[brianthainess]

Delayed so far today : 10K payout..; Min Wage; ....Airport Auto entry gates ...stay tuned folks the days not over.

[Danderman123]

Surprise, surprise, surprise!

[watchcat]

5 hours ago, webfact said:

t is unlikely that over 30 million Thai citizens will receive a 10,000-baht grant under the second phase of the Pheu Thai-led populist handout scheme this year,

 

So they where simply lying with htis vote scam?

Edited September 25 by watchcat

[ikke1959]

50 minutes ago, watchcat said:

 

Zero?

Maybe google first before comment

[watchcat]

3 minutes ago, ikke1959 said:

Maybe google first before comment

 

You're a sponsor?

[jippytum]

Another  broken promise and UTurn from Thaksin and his cronies. 

The initial  inducement of a cash handout  to voters and anyone over sixteen years without any financial planning proved to be  financially unviable  but did secure Thaksin's return. 

Edited September 25 by jippytum

[hotchilli]

8 hours ago, webfact said:

It is unlikely that over 30 million Thai citizens will receive a 10,000-baht grant under the second phase of the Pheu Thai-led populist handout scheme this year, Deputy Finance Minister Julapun Amornvivat stated yesterday (Sep. 24).

Will some get it posthumously if they were alive when it was announced but deceased by the time it came to receive it?

[ronster]

And their reason for this ???

[2baht]

So.................Where's the money???

[black tabby12345]

Pheu Thai-led populist handout scheme

---------------------------------------------------------------

 

LOL.

[MART]

10 hours ago, ikke1959 said:

Besides that the very expensive THB will bring more THB in Thailand as everything is more expensive for foreign currencies.

 

The immediate effect of a very expensive THB is to bring less THB into Thailand actually. For the same amount of USD, you get less THB now than you would have 6 months ago.
If the THB is too expensive, people will just stop buying stuff in Thailand or they will buy less stuff in Thailand, which will then weaken the THB.

Edited September 25 by MART

[black tabby12345]

  13 hours ago, ikke1959 said:

Unbelievable... Now the same sex marriage Law is signed 

---------------------------------------------------------------------------------

 

Allowing Same Sex Marriage won't cost them any money.

But 10000B  dole to 30 millions will.

Even if it is just one-off.

 

Edited September 25 by black tabby12345

[MART]

2 minutes ago, black tabby12345 said:

  13 hours ago, ikke1959 said:

Unbelievable... Now the same sex marriage Law is signed 

---------------------------------------------------------------------------------

 

Allowing Same Sex Marriage won't cost them any money.

But 10000B  dole to 30 millions will.

 

 

Ikke seems to believe that same sex marriage is likely to bring a lot of benefits to an economy. I don't understand why and how myself, but that's what his/her post was about.

[black tabby12345]

1 minute ago, MART said:

 

Ikke seems to believe that same sex marriage is likely to bring a lot of benefits to an economy. I don't understand why and how myself, but that's what his/her post was about.

 

Yes, I understand it.

 

[MarkBR]

6 minutes ago, black tabby12345 said:

 

Yes, I understand it.

 

Many gay men & lesbians will want to get married in Thailand, they will bring money for their weddings.

[MART]

2 minutes ago, MarkBR said:

Many gay men & lesbians will want to get married in Thailand, they will bring money for their weddings.

 

You mean Thai citizens? 

[Screaming]

3 minutes ago, MarkBR said:

Many gay men & lesbians will want to get married in Thailand, they will bring money for their weddings.

And some will bring nasty STDs and Aids to Thailand

[black tabby12345]

22 minutes ago, MarkBR said:

Many gay men & lesbians will want to get married in Thailand, they will bring money for their weddings.

 

I see. 

New form of the tourism revenue.

[black tabby12345]

20 minutes ago, Screaming said:

And some will bring nasty STDs and Aids to Thailand

 

The open gate always invites the unwanted, too.

[ikke1959]

1 hour ago, MART said:

 

The immediate effect of a very expensive THB is to bring less THB into Thailand actually. For the same amount of USD, you get less THB now than you would have 6 months ago.
If the THB is too expensive, people will just stop buying stuff in Thailand or they will buy less stuff in Thailand, which will then weaken the THB.

Indeed... but the orders and things contracts must be paid.. with less THB for a USD will mean you have to pay more USD for the same product ..and that means more income for Thailand on the short term.. but by being expensive I am wondering if they will get many new orders..And it will also affect tourism.. Thailand is getting too expensive again, but the Government doesn't seems to understand.