Govt relief schemes ‘inject B5.73bn’

Over 20 million people have taken part in the latest instalments from the government’s financial alleviation programmes in the first three days of Sept, says Pornchai Thiraveja, director-general of the Fiscal Policy Office.

Their involvement has generated greater than 5. 73 billion dollars baht for the economy, he said.

Mr Pornchai was referring to the particular fifth phase from the “Khon La Khrueng” co-payment scheme, the particular fifth roll-out of added benefits for condition welfare cardholders as well as the third phase of aid intended for vulnerable individuals.

The government hopes the particular relief packages — which will run until Oct 31 — will help boost customer spending amid a spike in residing costs brought on by the war in Ukraine, which has complicated pandemic recovery efforts.

Those who have signed up for the co-payment scheme will receive 800 baht until April 31 to subsidise the purchase of certain goods. Between Sept 1 and 3, he mentioned, 11. 68 mil people used the co-payment scheme to subsidise their purchases, which usually totalled about 4. 07 billion baht.

In the meantime, 7. 94 million state welfare cardholders spent 1 . 57 billion baht on the three-day period, whilst 434, 952 susceptible individuals who are eligible to get government assistance — which included senior citizens, handicapped and/or other individuals who have no access to the internet — spent about 85. 95 million baht, he said.

He said individuals who wish to register for a state welfare credit card can do so starting today. Applications can close on Oct 19, and the results will be announced in January.

Mr Pornchai advised current state well being cardholders to take part in the scheme to ensure they can access the help to which they are eligible.

Those aged 18 and older who gain no more than 100, 1000 baht a year, have got savings of a maximum of 100, 000 baht, and live in a household with a combined annual income of less than hundred, 000 baht meet the criteria to apply, he stated.

The number of subscribers is expected to increase from 13 million to 16 million, so 5. 33 billion baht have been set aside to fund the scheme the coming year, he said.

Separately, the Department of Internal Trade has pledged to continue probing stores with the government’s Azure Flag programme, which are suspected of violating the scheme’s guidelines.

To date, 121 shops have already been kicked out of the program for violating the rules.