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State banks to offer free meals to needy

State banks to offer free meals to needy

THAILAND: The Ministry of Finance is planning to fund meal handouts at state banks to help people across the kingdom impacted by COVID-19.

CoronavirusCOVID-19economics
By Bangkok Post

Saturday 27 June 2020, 11:00AM


“All we can do is try to make the economy move forward and reduce the impact of the economic recession,” said Finance Minister Uttama Savanayana. Photo: Bangkok Post

“All we can do is try to make the economy move forward and reduce the impact of the economic recession,” said Finance Minister Uttama Savanayana. Photo: Bangkok Post

Finance Minister Uttama Savanayana said boxes of food will be handed out at the Bank for Agriculture and Agricultural Cooperatives, Government Housing Bank, Government Savings Bank and Krungthai Bank.

“We do not know when the COVID-19 pandemic will end. All we can do is try to make the economy move forward and reduce the impact of the economic recession,” Mr Uttama said.

“Offering free meals to people is one way to help alleviate the burden,” he added.

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Mr Uttama did not say when exactly the food will be distributed, but state bank executives have been ordered to survey COVID-19’s economic impact in their areas. The Ministry of Finance plans to disburse funds so the banks can purchase the food after their assessments are complete.

Apart from doling out free food, the Finance Ministry is preparing to stimulate employment through the use of a B400 billion loan approved by the government to cushion COVID-19’s economic impact. Mr Uttama said the loan will be used to stimulate local economies and make them sustainable.

“The B400bn loan will fund projects in line with ‘the sufficiency economy philosophy’,” he said.

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HubertK | 30 June 2020 - 11:03:06

Mr.Kurt, it doesn't matter when someone start to help.Many of those who helped at the beginning did stop doing so now. Therefore it's a good thing for others to jump in. And I say it again, you can moan as much as you like about Thai Banks, the people who are hungry are grateful for every free meal. A meal helps,your whinging doesn't !

Kurt | 30 June 2020 - 10:25:07

Mr.HubertK, face reality. The richest Thai institutions (Thai Banks) are the last in line in Thailand to lift present poverty, need for food, etc, of those in need. I am sure these people don't give a ... about me, but they do give it when it comes to their own rich Thai financial institutions who,so far didn't give a ..., but  to save face, feel obligated now at last to do something.

HubertK | 29 June 2020 - 17:41:05

Mr.Kurt, I'm sure those needy people don't give a .... about your constant negativity.

Kurt | 29 June 2020 - 11:45:19

About that States Bank food hand out, it is just a planning. Right? Well, Banks are not just good samaritans. They calculated  this very very very late move, at the end they will make money out of it. Forget the humbug about sustainability and sufficiency philosophy. It just reads nice.

Lung Andy | 29 June 2020 - 08:02:46

-seriously sick (risk group) German expat in wheelchair, with bride & ca. 7 helpers
-ca. 15 helpers from local public administration
-no support from the desinterested German consul
-until now no support from the press.
-encouraging slogans: Yes, we are the people. Yes, we have the power. Let us all be friends.

Lung Andy | 29 June 2020 - 07:59:01

Truth must be told. 
No posing, no advertising intended.

Lung Andy

-for health reasons retired Attorney at Law
-living in Rawai more than 15 years
-wanting to say kop khun krap to his hosts

-only multiple donor near Wat Rawai
-no successor or supporter in prospect
-first donor at all
-15 days food for free
-from private pension 4-500.000 Baht in total.
-seriously sick (risk group)

Lung Andy | 29 June 2020 - 07:57:21

A warm wellcome and thank`s to the 5 state banks for distributing food. Lung Andy asks: When and where will you start? What food? Will all the needy have food regardless whether they are Thai, Minanmar, Chao Lee, Farang or Rohingya? Why do you come so late? People lost their jobs and urgently need food since April/May. Why do only some state banks give food? Is the private sector too poor to give?

 

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