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Picofinance firms urged to help clients

The Finance Ministry has asked picofinance operators to help alleviate the hardships of their clients struggling with the impact of the pandemic, says Kulaya Tantitemit, director-general of the Fiscal Policy Office (FPO).

Cabinet okays measures worth B164bn

Cabinet okays measures worth B164bn 4 Funding for health projects in pipeline published : 2 Jun 2021 at 06:22 4 A sign for the Rao Chana (We Win) scheme is seen at a food stall in the Silom area of Bangkok. (Photo by Somchai Poomlard) The cabinet on Tuesday approved a combined 164 billion baht worth of fresh measures to help alleviate the hardships of people affected by the pandemic as well as to fund public health projects. Government spokesman Anucha Burapachaisri said the budget for the measures comes from the 1-trillion-baht loan under the decree issued last year to ease the impact of the Covid-19 outbreaks.

Economic sentiment in country slips

The Thailand Regional Economic Sentiment Index dipped in all regions in May except the Northeast and the East following the third wave of the pandemic in April, says Fiscal Policy Office (FPO) deputy spokesman Wuttipong Jittungsakul.

Concern mounts over gap in GDP inputs

An economist is concerned that a gap in terms of contributions to the country's gross domestic product (GDP) between tourism-dependent provinces and agriculture-reliant provinces will become wider in the post-pandemic era.

Tax restructure puts emphasis on four goals

Tax restructure puts emphasis on four goals 10 published : 27 May 2021 at 06:11 10 The draft plan of the tax restructure for 2022-2026 will focus on four goals, according to a senior official at the Fiscal Policy Office (FPO). Pisit Puapan, executive director of the FPO s Macroeconomic Policy Bureau, said the first goal is to enhance the country s competitiveness and ensure sustainable economic growth. He said the Thai tax system must also promote the digital economy by deploying technologies to upgrade the country s tax management system. The third goal is to promote a green economy by encouraging people to reduce the use of products that could harm the environment.

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