Low vaccination rates impact economic recovery: Ministry antaranews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from antaranews.com Daily Mail and Mail on Sunday newspapers.
B700bn loan gets govt nod
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New decree to save virus-hit economy
published : 19 May 2021 at 04:00
38 Workers form a long line as they wait to undergo a Covid-19 test at their construction site in Bangkok s Laksi district on Tuesday. Residents in communities around the site are also being tested. So far, 680 of the 1,667 workers have tested positive. Of them, 120 are being treated in hospital. (Photo: Pattarapong Chatpattarasill)
The cabinet has approved the draft of an executive decree authorising the government to borrow an additional 700 billion baht to revitalise the economy battered by the latest wave of Covid-19 infections, a government source said.
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Budget bill investment ‘needs hike’ The Bangkok Post
B76bn needed to meet current rules
The Budget Bureau has proposed that the government increase the investment funds to be incorporated into the budget bill for the next fiscal year in order to meet the requirements of the current fiscal discipline law.
Dechapiwat Na Songkhla, the Budget Bureau’s director, said on Tuesday the bureau has suggested that at least 76 billion baht must be added to investment funding to ensure compliance with the fiscal discipline law.
The law stipulates that annual investment funding must account for at least 20% of the government’s expenditure, which stands at 3.1 trillion baht for the next fiscal year.
New B700bn loan approved to save virus-hit economy thephuketnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thephuketnews.com Daily Mail and Mail on Sunday newspapers.
Stimulus scheme not a free lunch
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E-vouchers come at a cost for wealthy people, govt says
published : 7 May 2021 at 04:31
36 Shopping area in Bangkok s Pathumwan district is almost deserted last month as many shoppers choose to stay away from public places amid the third wave of Covid-19, which has dealt yet another blow to retailers still struggling as a result of previous outbreaks. (Photo by Chanat Katanyu)
People must spend between 46,000 baht and 70,000 baht each before they can get e-vouchers worth 7,000 baht under a fresh economic stimulus scheme called Ying Chai Ying Dai offered by the government.
According to the government, the scheme is targeting 4 million middle-income and high-income people.