Finance Ministry reveals Thai Teaw Thai Plus details

Thansettakij•Economy•19d ago

Reader Briefing

The Ministry of Finance is preparing the 'Thai Teaw Thai Plus' project to stimulate domestic tourism starting October 1, 2026, using a flat-rate accommodation subsidy.

•The Ministry of Tourism and Sports will propose a loan of over 2,000 million baht for the Thai Teaw Thai Plus project.
•The project is scheduled to begin on October 1, 2026.
•Accommodation subsidies will shift from a percentage-based model to a Flat Rate to prevent hotels from inflating prices.
•The Ministry of Finance is considering increasing daily spending limits from the previous 300-600 baht.

Overview

•The Thai Teaw Thai Plus project is targeted to start on October 1, 2026.
•The Ministry of Tourism and Sports is preparing details to request over 2,000 million baht in loans from the 400 billion baht loan decree's remedy fund.
•Lavaron Sangsnit stated the project aims to help tourism operators and service businesses affected by slowing income.
•Lavaron Sangsnit explained that the Flat Rate subsidy for rooms prevents operators from raising prices to get more government support.
•Lavaron Sangsnit noted that increasing daily spending limits would distribute money to restaurants, shops, and service businesses more broadly than previous projects.
•Details regarding the number of rights, support amounts per person, number of nights, and daily spending rates are currently being finalized by the Ministry of Tourism and Sports.
•The proposal must be signed by the minister, reviewed by the Loan Expenditure Screening Committee, and finally approved by the Cabinet.
•Winich Wisetsuwannaphum stated that the Ministry of Finance is considering measures to help VAT-registered operators join the project, with clarity expected within September.

Full article content is available on the original source.

Read on Thansettakij (Thai Version)View in Google Translate

Source: Thansettakij (Original)

Key Quotes

Lavaron Sangsnit

"Those who choose to stay in more expensive hotels must be responsible for the difference themselves, while those who choose cheaper hotels will pay less, or if the price matches the support rate, they won't have to pay extra for the room. This approach will directly help control and solve the problem of unrealistic room pricing."

คนที่เลือกพักในโรงแรมที่ราคาแพงกว่าจะต้องรับผิดชอบส่วนต่างด้วยตัวเอง ส่วนคนที่เลือกพักโรงแรมราคาถูกลง จะออกค่าใช้จ่ายเองน้อยลง หรือหากราคาที่พักเท่ากับอัตราสนับสนุนพอดีก็จะไม่ต้องจ่ายค่าห้องพักเพิ่ม แนวทางนี้จะช่วยควบคุมและแก้ไขปัญหาการตั้งราคาห้องพักเกินจริงได้โดยตรง

Key Entities

Organization

Ministry of Finance(กระทรวงการคลัง)ℹ️

The ministry overseeing the loan budget and considering measures for VAT-registered operators to join the Thai Teaw Thai Plus project.

Ministry of Tourism and Sports(กระทรวงการท่องเที่ยวและกีฬา)ℹ️

The ministry responsible for proposing the details and requesting the budget for the Thai Teaw Thai Plus project.

Loan Expenditure Screening Committee(คณะกรรมการกลั่นกรองการใช้จ่ายเงินกู้)

The body responsible for reviewing the details and appropriateness of the loan request for the project.

Cabinet(คณะรัฐมนตรี (ครม.))

The body that provides the final approval for the project's loan budget.

Fiscal Policy Office(สำนักงานเศรษฐกิจการคลัง (สศค.))

The office headed by Winich Wisetsuwannaphum.

Policy

Thai Teaw Thai Plus(ไทยเที่ยวไทยพลัส)

A domestic tourism stimulus project utilizing a flat-rate accommodation subsidy and daily spending allowances.

Thai Chuay Thai Plus 60/40(ไทยช่วยไทยพลัส60/40)

A previous project that provided assistance to small-scale retailers.

Person

Lavaron Sangsnit(ลวรณ แสงสนิท)

Permanent Secretary of the Ministry of Finance.

Winich Wisetsuwannaphum(วินิจ วิเศษสุวรรณภูมิ)

Director of the Fiscal Policy Office and spokesperson for the Ministry of Finance.

Law

400 Billion Baht Loan Decree(พ.ร.ก.กู้เงิน 4 แสนล้านบาท)

The decree under which the loan for the Thai Teaw Thai Plus project is being requested.