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Third phase of consumer co-payment scheme expected in May - Thai PBS World Tonight [24th March 2021]

Third phase of consumer co-payment scheme expected in May - Thai PBS World Tonight [24th March 2021]

13 Sept 12:46 Key points summarised by AI
  • Thailand's Finance Ministry plans to launch the third phase of its 50:50 co-payment scheme in May to boost domestic consumption, requiring existing members to reconfirm entitlements via the 'pao tang' app.
  • Ongoing stimulus packages, including 'Rao Chana' and 'Rao Rakkan', are projected to stimulate the economy by approximately 2.8% this year.
  • The cabinet approved the third phase of the 'Rao Tiew Duaikan' (We Travel Together) scheme, expanding benefits to two million more people and introducing stricter measures like 7-day advance bookings, face scans, and daily e-voucher limits to prevent abuses.
  • The 'Rao Tiew Duaikan' scheme previously generated 35 billion baht in revenue and created 73,000 jobs for the tourism sector last year despite the pandemic.
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