BANGKOK, April 3 (TNA) – The Thai government is mulling
phase-3 of Covid-19 relief package to support individuals, small-and-medium
enterprises, grass-root economies and financial institutions.
Prime Minister Gen Prayut
Chan-o-cha chaired a special cabinet meeting on Friday to consider
relief measures which had been proposed by the Finance Ministry to ease the
fallout from the coronavirus outbreak.
According to the Finance Ministry, the latest package is
aimed at supporting the four groups by providing them more liquidity and
incentives.
The Cabinet ministers discussed sources of the funding which
is expected to be acquired under an executive decree. Government sources say it plans to borrow an
estimated THB200 billion to implement stimulus measures.
Earlier last month, the government offered the phase 1 of
relief package with soft loans worth THB150 billion business operators. The second phase saw cash handouts to
informal employees and self-employed workers who are not covered by the social
security scheme. (TNA)
