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The “Treasury” adjusts the GDP forecast for the year 64 indicating that the economy has recovered from half of the government measures – state welfare card Ready to open the right to receive the right “half of each phase 2” on 16 from December
On December 14, 63 Ms Kulaya Tantitemit, Acting Director of the Fiscal Policy Office (FPO) as a spokesperson for the Ministry of Finance, revealed that the Ministry of Finance is preparing to review the economic growth forecast (GDP) of Thailand in 2021, trending down from the previous expected growth of 4.5% as a result of the improvement of the Thai economy in 2020. Than expected After the National Council for Economic and Social Development (NESDB) ) announced that GDP figures for the third quarter of 2020 fell -6.4%, much better than what the Ministry of Finance expected. The Thai economy in 2020 is expected to expand better than the Finance Ministry had predicted a drop of as low as -7.7%.
The Thai economy in 2021 will clearly recover better than this year. As a result of government measures to stimulate consumption Both the project for each half of phase 2, the amount of 4.5 billion baht and the additional project to recharge the state welfare card in the amount of 2.1 billion baht. baht, totaling more than 60 billion baht, which will be a major factor in helping the flow of money in the economy and helping give GDP next year an additional 0.2%
There are also key factors affecting economic growth that need to be monitored, including the status of the COVID-19 outbreak. That it should not have a second blockade In which people will have to cooperate Because the cost of prevention is lower than the remedies But if there is a blockage, it is believed that the economy will grow at least in 2020, while exports are likely Thai companies improve following signs of improvement from trading partners such as China, Vietnam and the United States.
At the same time, you must monitor the service sector, especially tourism. Which represents up to 60% of the GDP that will recover quickly. Including having to wait and see the economic policy of the US Under the leadership of the new president, monetary and fiscal policy will be implemented. As for domestic political issues, it has no significant impact on the growth of the Thai economy in 2021.
In the case of the news that the Ministry of Finance is preparing to consider extending the land tax cuts to 2021 for one more year to help ease the impact on people by the coronavirus situation. The details of this matter are not yet known. Any action must be discussed with the relevant authorities before conclusions can be drawn. Present to the Minister of Finance for consideration before sending it to the Cabinet (Cabinet) meeting
Ms. Kulya also revealed that the registration system for each half of the project, Phase 2, is ready to open for an additional 5 million people who are interested in participating in the project on Wednesday, December 16, 2020. Complete and up Have identity card AND not a person with a state benefits card Registration will be open from 6:00 a.m. to 11:00 p.m. until the completion of 5 million rights, and those who are disqualified from the unscheduled half of the first phase, they can register for each half of the 2nd phase. Half of the rights for the same project can press the button to confirm participation for each half of Phase 2 through the “Pang Tang” application from December 16, 2020.
The enrollment process for this program is the same as for each half of the program. www. half of each. com By filling in the information of first-last name, ID card number The code behind the ID card Date of birth AND the phone number to install the “Pang Tang” APP 2) wait for the SMS notification of the registration result and 3) install the “Pang Tang” application and verify your identity. And when they are complete, they can spend at stores that have a participating “money bag” app. Receive 50 percent of the joint payment from the state, but not more than 150 baht per person per day or not more than 3,500 baht from January 1 to March 31, 2021 between 6:00 am and 11:00 am pm, which the dealer must Start spending within 14 days of the day they receive an SMS notification to receive privileges or the opening date to spend depending on the project. Otherwise, they will be disqualified and will no longer be able to register.
Half of the participants of the same project can press the button to confirm their participation in the second half of the second phase in the application “Pao Tang”, with the same spending amount of 3,000 baht until March 31, 2021 and using . Pay an additional credit limit of 500 baht from January 1 to March 31, 2021, and half of the participation confirmation button for Phase 2 will be displayed on the application page each time the original right recipient press to confirm. Correct AND the button will never expire (Below is a sample diagram of a confirmation button for the original payee)
In this sense, I would like to emphasize that the users of the program for each half of the first and second phases will not be able to exercise their rights over the purchasing measure. This is in accordance with the principle of clearly classifying the target groups of various projects and measures, not duplicating or manipulating each other. For merchants, merchants can still apply to join the program on an ongoing basis.
Regarding the latest progress of the project, half as of December 13, 2020, there are more than 9,700 thousand merchants registered to join the project and 9,537,093 users have already registered with the accumulated spending amount of 43,330.80 million baht divided into The public sector pays 22,156.50 million baht and the government sector co-pays another 21,174.3 million baht, with the top five provinces with the highest cumulative spending being Bangkok, Songkhla, Chonburi, Chiang Mai and Nakhon Si Thammarat, respectively.
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