New Thai government considers resuming co-payment scheme

Comparing the proposed co-payment revival with the digital wallet promoted by the outgoing Pheu Thai government, a leader of the Bhumjaithai Party said that Khon La Khrueng is more likely to deliver tangible results.

Bangkok (VNA) – The Bhumjaithai Party, which will lead the ruling coalition in the new government of Thailand, has confirmed that it is considering reviving the government’s “Khon La Khrueng” (Let’s Go Halves) co-payment scheme as part of efforts to stimulate Thailand’s slowing economy.

Deputy leader of the party Siripong Angkasakulkiat said recently that discussions about the plan are already under way within its executive committee and policy teams as they prepare to take the reins of government.

The revived version of the scheme may offer greater benefits than its predecessors, he added.

Comparing the proposed co-payment revival with the digital wallet promoted by the outgoing Pheu Thai government, Siripong said that Khon La Khrueng is more likely to deliver tangible results.

He also shared that public sentiment, particularly on social media, leans in favour of the co-payment scheme, which requires less government funding while still encouraging more robust money circulation.

Khon La Khrueng, first introduced during the COVID-19 pandemic, allowed the government to subsidise half of people’s daily purchases up to a fixed limit, easing household burdens while injecting cash directly into the economy./.

VNA

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