InfoQuest (April 9, 2020) -- An emergency meeting of the Bank for Agriculture and Agricultural Cooperatives (BAAC) committee was called on April 9 to discuss relief measures for farmers, according to BAAC Chairman and Finance Minister Uttam Sawangnoon. The measure, which complements a previous government initiative to provide relief to the self-employed through registration at www.wedon'tleaveeachother.com, initially plans to provide handouts to 9 million farmers registered with the Ministry of Agriculture and Cooperatives and the BAAC. And how much each registrant will get is under discussion.
"They may receive a monthly handout of 5,000 baht as registered self-employed Thais, but no final conclusion has been reached. Budget funds have been in place as they will be allocated from the loan bill worth 1 trillion baht, and the first tranche has been set at 600 billion baht to mitigate the impact of the outbreak on the public health sector, the self-employed and farmers. We are speeding up the progress to reach certain conclusions on specific proposals. We believe the cash handouts will be distributed to the registrants in April, but the payment method and the exact amount are still under discussion," said Mr. Uttam.
Mr. Uttam added that in addition to the self-employed and farmers, the Ministry of Finance would consider providing assistance to all workers affected by the virus who have not yet received relief, and that a comprehensive package of assistance would be developed. The budget is adequate and Thais need not worry.
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