Cabinet approves additional B46bn in virus relief measures

Cabinet approves additional B46bn in virus relief measures

The normally congested Ratchadamri Road in Bangkok is quiet after the closure of shops and shopping malls on July 20. (Photo: Wichan Charoenkiatpakul)
The normally congested Ratchadamri Road in Bangkok is quiet after the closure of shops and shopping malls on July 20. (Photo: Wichan Charoenkiatpakul)

The cabinet approved an additional 46 billion baht of support measures on Tuesday for education and Covid-19-related assistance as the country tackles its biggest wave of coronavirus infections to date.

Of the total budget, 33 billion baht will be offered directly to students, including 2,000 baht in cash and a 5,000 baht tuition fee subsidy for some, government spokesman Anucha Burapachaisri said in a statement.

The remaining 13 billion baht will be for Covid-19 treatment and assistance between August and September for a target group of 3.5 million people, mostly at-risk groups, he said.

The cabinet also agreed to increase new debt by 150 billion baht to about 1.8 trillion baht for the current fiscal year to September, in line with a borrowing plan to ease the outbreak's impact, Patricia Mongkhonvanit, head of the finance ministry's Public Debt Management Office, said in a separate statement.

With the increased debt plan, the country's public debt to gross domestic product (GDP) ratio is expected to be 58.88% at the end of the fiscal year, which is still within the 60% limit, she added.

The debt was at 55.42% of GDP as of May.

Do you like the content of this article?
COMMENT (12)

Majority not keen to see Prayut take over PPRP leadership: poll

A majority of people do not want to see Prime Minister Gen Prayut Chan-o-cha take over from Gen Prawit Wongsuwon as leader of the Palang Pratharath Party (PPRP) or set up his own party for the next general election, according to the result of an opinion survey by the National Institute of Development Administration, or Nida Poll.

10:25

SpaceX all-civilian orbital crew completes historic mission

WASHINGTON: Four SpaceX tourists returned to Earth safely on Saturday after spending three days in space, successfully concluding the first orbital mission in history with no professional astronauts on board.

08:45

13,576 new Covid cases, 117 more deaths

Thailand logged 13,576 new Covid-19 cases and 117 more fatalities during the previous 24 hours, the Public Health Ministry announced on Sunday morning.

08:25