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The Cabinet approved 3 projects, “Buy well, get half the return, top up the poor man’s card” to stimulate domestic spending.
October 12, 2020 at the General Government House Prayut Chan-o-cha, Prime Minister and Minister of Defense He said after the Cabinet meeting that the Cabinet approved 3 economic stimulus programs, namely
1. Measures to complete money on the state welfare card 14 million people, each person 1,500 baht
2. Half measures Half of half of the expenses of the town and half of the government (copayment).
3. Measures to buy well, have a refund Stimulate the consumption of people in tax groups. With a tax rebate of up to 30,000 baht to reduce personal income tax
“All three measures aim to bring money into the system. When there is spending, there is production, there is employment, it is possible to live ”, said the prime minister.
In the press release above The Prime Minister has brought in Mr. Supatthanaphong Vice Prime Minister Santi Promphat, Vice Minister of Klang and Mr. Arkom Termpithayapaisit, Minister of Finance, who started work on the first day. Join the press conference
The Shop Dee Mee Night project will start from October 23 to December 31, 2020, while half of the projects will be open to the public for registration through the website from October 16. And start spending according to the project from October 23
Treasury to explain the benefits of 3 projects
Earlier, the Finance Ministry clarified the economic benefits of the three projects, saying the measures would cover more than 28 million people in all sectors. And there are expected to be more than 192 billion baht in the system, increasing the GDP figure by 0.54%.
The Ministry of Finance indicated that the “Shop Dee Me Night” program aims to stimulate domestic consumption. Supporting entrepreneurs in the tax system AND people with personal income tax burden Including promoting the production of local products What is the basic level economy? And promote reading As part of the construction of a learning society
As for the “medium medium project”, the aim is to take care of helping the small sellers. That operates a business that sells street vendor stalls that are natural persons That currently has more than 2,200 thousand merchants participating in the project
While the “Purchase of energy for people with welfare cards” aims to help 14 million people with state welfare cards by adding a special limit for the purchase of consumer products for the purchase of essential consumer products 500 baht / person / month for 3 months (October-December. The first delivery has been on October 8, 2020.
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