The Phuket News Novosti Phuket Khao Phuket

Login | Create Account | Search


Finance Ministry prepares assistance for state staff

Finance Ministry prepares assistance for state staff

BUSINESS: The Finance Ministry is preparing to provide a financial remedy to 137,000 government contract employees to help with the cost of living, says the Fiscal Policy Office (FPO).

CoronavirusCOVID-19economics
By Bangkok Post

Monday 1 March 2021, 11:45AM


A smartphone displays the Pao Tang app with ‘Rao Chana’ stimulus campaign. Photo: Bangkok Post.

A smartphone displays the Pao Tang app with ‘Rao Chana’ stimulus campaign. Photo: Bangkok Post.

The government previously rolled out financial remedy measures to assist different groups affected by the pandemic crisis, including those not covered under the social security system and Government Pension Fund.

Yet a portion of government contract employees, mostly those whose monthly salary does not exceed B15,000, has yet to receive any financial help, said Kulaya Tantitemit, director-general of the FPO.

To assist these low-income government contract employees, the Finance Ministry is mulling a financial remedy measure.

As government contract employees have jobs with steady income, albeit low monthly salaries, the amount of financial relief allocated to this group will not be equal to the B7,000 remedy for two months under the Rao Chana (We Win) scheme, said Ms Kulaya.

The remedy amount for government contract employees is being deliberated, she said.

Approved in January, the We Win scheme aims to provide B210 billion of financial handouts for 31 million people who are not covered by Section 33 of the Social Security Act to alleviate hardships caused by the second wave of the pandemic.

Monetary disbursement is done through the Pao Tang e-wallet app.

The government also approved the Rao Rak Kan scheme for around 9.3 million company employees - those under Section 33 of the Social Security Act - who will be given B1,000 a week for four weeks.

Separately, the FPO has been ordered to study short-term and long-term plans in preparation for managing future volatilities that can affect the economy, said Krisada Chinavicharana, permanent secretary for finance.

The think tank has also been assigned to study limitations for fiscal responsibility in an attempt to assess which policies can be loosened to accommodate existing economic conditions, said Mr Krisada.

The Finance Ministry remains confident the public debt-to-GDP ratio will not exceed the 60% ceiling, although the ratio could rise to 58-59% of GDP when the B1 trillion emergency loan decree has been fully used, he said.

Comment on this story

* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.

CAPTCHA

Be the first to comment.

 

Have a news tip-off? Click here

 

Phuket community
Phuket arrivals in other provinces face quarantine measures

Can someone please explain to 'Christy Sweet', in simple language......(Read More)


Sustainably Yours: Science and Conspiracy Theories

When basic facts cannot be agreed upon, meaningful discourse is not possible. News sites giving in ...(Read More)


Sustainably Yours: Science and Conspiracy Theories

mich, are you wearing your tin foil hat? Wow! ...(Read More)


Entertainment venue closure extended, snorkeling and diving prohibited

Dear Foot, for what I know Cafè del Mar, Illuzion and Shelter only hosted the event. The Bkk based ...(Read More)


Entertainment venue closure extended, snorkeling and diving prohibited

Charles @i am working on the assumption that diving or snorkeling off the beach is ok, people cramme...(Read More)


30 Chalong Police officers ordered to self-quarantine

Please, no playing down- or damage control games. This is serious. 30 officers now at home, possible...(Read More)


COVID passenger warning for Phuket flights

The photos are clearly showing that per 5 rows on both sides only 1 window seat can be safely occupi...(Read More)


CAAT wants late-night flights scrapped to curb COVID spread

What’s the difference between night time flights vs day time? The people who would have flown on t...(Read More)


COVID passenger warning for Phuket flights

When they start fast testing/swapping prior the flight take off? Ask people to be in airport 3 hrs p...(Read More)