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Stimulus with strings attached

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A street vendor pushes a cart of fresh fruit along a road in Bangkok. The new co-payment scheme is expected to support small businesses. (Photo: AFP)

During the Bhumjaithai Party election campaign, party leader Anutin Charnvirakul coined a viral phrase upon becoming premier: "I will make my fellow citizens cry out, 'Enough, enough -- we're too rich. We can't handle it anymore!'"

Key facts

Summary

The remark reflected the party's confidence in economic stimulus through several mechanisms, notably the "Thai Chuay Thai Plus" (Thais Help Thais) co-payment scheme, which is being relaunched today. The initiative is financed through a portion of the disputed 400-billion-baht emergency loan decree.

While the scheme may provide short-term relief over four months, cost-of-living pressures are expected to persist, including rising electricity tariffs and volatile energy prices.

Read full article at Bangkok Post →