Thailand’s economic stimulus package to be tied to online food delivery platform

BANGKOK (The Nation / Asia News Network): The Bank of Thailand and the Ministry of Finance have jointly implemented two key measures to help businesses cope with the economic fallout from the Covid-19 crisis, Thanakorn Wangboonkongchana, spokesperson speech of the Center for Economic Situation Administration (CESA), said.

Credit will be given to commercial operators as rehabilitation measures, with a credit limit of THB 250 billion.

Over 92.3 million THB has been approved for 30,194 applicants, with an average approval limit of 3.1 million THB per person.

Another measure will allow the transfer of collateral assets up to a total of THB 100 billion for debt repayment, but giving the commercial operator the right to buy back the property later. The value of assets transferred to date is THB 10.51 billion for 65 people.

The CESA spokesperson said that for the remedial measures and economic rehabilitation in the country, there are 38.25 million cumulative users with cumulative expenditure of 66.15 billion THB.

The Ministry of Finance is speeding up the linkage of the food delivery platform system with the “Kon La Khreung” (Let’s Go Halfway) economic stimulus package, which is expected to be ready for use in October. to coincide with the second transfer. from 1,500 THB.

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