Special Report: Global Financial Crisis
BANGKOK, Feb. 18 (Xinhua) -- The Thai government is expected to start
distributing 2,000 baht (59 U.S. dollars) through cheques from March 26 to April
8 to low-income earners to boost purchasing power, Labor Minister Paitoon
Kaewthong said Wednesday, local media reported.
The low-income earners are people with a monthly salary of lower than
15,000 baht. The 2,000-baht money is part of the government's economic stimulus
packages aiming to boost the domestic economy, amid the global economic turmoil.
Those who receive the 2,000-baht cheque can deposit or spend the money
right away, but they cannot transfer them, the website by Bangkok Post quoted
Paitoon as saying.
Earlier, the government said after distributing the 2,000-baht money to
those low-income people, it would ask shops and department stores nationwide to
provide a 10 to 20 percent discount for consumers.
The government hopes the 10-20 percent discounts in all shops and
department stores would help boost spending and discourage people from saving
the money at bank accounts.