Rettha advises businesses to think about a bi-monthly income plan as an alternative.
14 September 2023 at 14:03 PUBLISHED
Prime Minister Srettha Thavisin announced on Thursday that the monthly payment of polite servants’ incomes will now be optional, with those who prefer to stick to their regular salaries also being able to do so.
This choice was made in response to comments regarding the monetary stimulus measures that were announced on Wednesday and included the new earnings payment system.
Since their current preparations were based on monthly instalments, critics had expressed concern that some officials may have trouble paying their debts, and they might consider it more challenging to do so with half of their wages being paid at the end of each month.
The original business tycoon said,” It will be recommended and it can be equally helpful.” ” I recognize that there will be people who embrace a fresh decision when we introduce it, and others who do not.”
He claimed that this plan may not increase the state’s economic burden and was intended to stimulate the economy.
He insisted that lenders do prioritize payment regardless of the frequency of payment if civil servants with existing salary-related debts negotiated monthly payment schedules.
The government’s bi-monthly salary plan andnbsp are not related to state economic issues, according to the prime minister, who suggested that those who are debt-free can use the money for investments or savings.
Before the commission’s choice, Mr. Srettha claimed to have carefully examined the policy, and the government may move forward with carrying it out.
The prime minister stated that” legal employees at all levels were questioned about this topic, and I hope that businesses will even think this is a practical opportunity.”
Mr. Srettha responded that it was a long-term matter that would need careful consideration, taking into account several factors, including recently hired civil servants and retirees.