Stimulus scheme tipped to pump in B396bnPeople shop at Trok Mo morning market, also known as Thesa market, in Bangkok on Jan 23, 2022. The four phases of the government's "Khon La Khrueng" co-payment subsidy scheme are expected to inject almost 400 billion baht into the economy, according to Fiscal Policy Office (FPO) director-general Pornchai Thiraveja. The co-payment scheme, which was launched in 2020, aims to mitigate the impact of the pandemic by reducing people's living costs. More than 26 million individuals and 1.3 million shops have taken part in the scheme, Mr Pornchai said. The first three phases pumped some 326 billion baht into the economy, he said.

Source: Bangkok Post February 04, 2022 04:40 UTC