Ministry of Finance

  • Covid-19 NewsNew plans for managing Thailand’s 2020 public debt

    New plans for managing Thailand’s 2020 public debt

    The Thai Cabinet has approved new plans for managing the fiscal 2020 public debt that was previously proposed by the Ministry of Finance. Deputy Government spokesperson Traisulee Traisaranakul announced that… “according to the new plans, the amount of ‘new’ debt has been adjusted up to 1.497 trillion baht from 894.005 billion baht.” “The plan for the management of ‘existing’ debt has…

  • Covid-19 NewsThai airlines have their hands out for an extra 8.8 billion baht

    Thai airlines have their hands out for an extra 8.8 billion baht

    The Cabinet approved loans totalling 16 billion bath on March 26 for 7 Thai airlines who had endured a negative impact, or a complete collapse, from the Covid-19 pandemic. Yesterday reports out of the aviation industry say that the number of airlines looking for government aid for low-interest loans is now up to 24.15 billion baht. A total of 8…

  • Covid-19 NewsCash handouts to Thais being proposed

    Cash handouts to Thais being proposed

    “Those Thais with social security will be taken care of by the Social Security Office, while those who are not insured under the social security scheme will be taken care of by the Ministry of Finance. We are planning to use an emergency budget from fiscal 2020 of around 20 billion baht to provide cash handouts to people affected by…

  • Economy NewsFinance Ministry launches 100 billion stimulus package to kickstart sagging economy

    Finance Ministry launches 100 billion stimulus package to kickstart sagging economy

    PHOTO: thailandshoppingdining.com The Government is kicking off a new stimulus package valued at 100 billion baht to “stimulate the grassroots economy”. Prasong Poontaneat, permanent secretary of the Finance Ministry reported that the government is preparing a brand-new stimulus package. “The Finance Ministry and related agencies will spend more than 100 billion baht on approximately 30 million low-income households nationwide.” The…