Finance Ministry considers Thai Chuay Thai Plus Phase 2

Post Today•Economy•7d ago

Reader Briefing

The Ministry of Finance is evaluating the Thai Chuay Thai Plus project and considering the use of a 200 billion baht loan for the Thai Thiew Thai Plus project to assist small tourism operators.

•The Thai Chuay Thai Plus project has generated approximately 100 billion baht in circulation.
•The Ministry of Finance is considering a second phase of Thai Chuay Thai Plus based on public feedback regarding the 60:40 co-payment system.
•The Ministry of Tourism and Sports proposes using 200 billion baht from a loan decree for the Thai Thiew Thai Plus project.
•The Ministry of Finance requires that the Thai Thiew Thai Plus project primarily benefit small-scale tourism entrepreneurs.

Overview

•The Thai Chuay Thai Plus project has seen approximately 100 billion baht in circulation, with spending in Bangkok accounting for only 15-16%.
•Ekniti Nitithandpraphas stated that the Ministry of Finance will evaluate the economic impact and listen to public feedback after the project ends to improve future measures.
•Some citizens reported that the 60:40 co-payment calculation is difficult, leading to suggestions to return to the Kon La Krueng format.
•The Ministry of Finance is using AI, referred to as Nok Krasib, to help small vendors maintain correct income-expenditure accounts to access state bank loans.
•Ekniti Nitithandpraphas and Surasak Pancharoenworakul have discussed the possibility of using 200 billion baht from a loan decree for Thai Thiew Thai Plus.
•The Ministry of Tourism and Sports must develop detailed project specifications and consult with the private sector regarding Thai Thiew Thai Plus.
•The Permanent Secretary of the Ministry of Finance has been assigned to check the readiness of the Pao Tang application to support the proposed tourism project.

Full article content is available on the original source.

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Source: Post Today (Original)

Key Quotes

Ekniti Nitithandpraphas

"The purpose of the project is to remedy the people, with the state paying 60% and the people co-paying 40%, meaning the state bears more of the burden."

จุดประสงค์ของโครงการคือการเยียวยาประชาชน โดยรัฐออกให้ 60% และประชาชนร่วมจ่าย 40% ซึ่งรัฐเป็นผู้รับภาระมากกว่า

Ekniti Nitithandpraphas

"If this budget is used to help small entrepreneurs, there is a chance to use this amount, but it must focus primarily on the small-scale group."

หากนำงบประมาณส่วนนี้มาใช้ช่วยเหลือผู้ประกอบการรายย่อย ก็มีโอกาสที่จะใช้วงเงินนี้ได้ แต่ต้องเน้นไปที่กลุ่มรายย่อยเป็นหลัก

Key Entities

Organization

Ministry of Finance(กระทรวงการคลัง)ℹ️

The government body evaluating the Thai Chuay Thai Plus project and overseeing the potential use of loan funds for tourism.

Ministry of Tourism and Sports(กระทรวงการท่องเที่ยวและกีฬา)ℹ️

The organization proposing the Thai Thiew Thai Plus project and the use of loan funds.

Pao Tang(เป๋าตัง)

The application proposed to support the Thai Thiew Thai Plus project.

Policy

Thai Chuay Thai Plus(ไทยช่วยไทย พลัส)

A stimulus measure using a 60:40 co-payment system to reduce cost of living and stimulate purchasing power.

Kon La Krueng(คนละครึ่ง)

A previous project format suggested by citizens as an alternative to the 60:40 calculation.

Thai Thiew Thai Plus(ไทยเที่ยวไทย พลัส)

A proposed project by the Ministry of Tourism and Sports to help small-scale tourism operators.

Rao Thiew Duay Kan(เราเที่ยวด้วยกัน)

A past project whose system is proposed to be reused for Thai Thiew Thai Plus.

Person

Ekniti Nitithandpraphas(เอกนิติ นิติทัณฑ์ประภาศ)

Deputy Prime Minister and Minister of Finance.

Surasak Pancharoenworakul(สุรศักดิ์ พันธ์เจริญวรกุล)

Minister of Tourism and Sports.

Place

Bangkok(กรุงเทพฯ)ℹ️

The area representing 15-16% of the spending proportion in the Thai Chuay Thai Plus project.

Law

200 Billion Baht Loan Decree(พ.ร.ก. กู้เงิน 200,000 ล้านบาท)

The legal framework providing the budget source requested by the Ministry of Tourism and Sports.