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InfoQuest

Thai Cabinet approves 1.48 billion baht to tackle price hike

January 21, 2022


Abstract : The Cabinet of Thailand has allocated 1.48 billion baht from the central budget to fund a programme that offers essential products at lower prices to help reduce cost-of-living pressures. At the same time, it can stimulate consumption and economic vitality.

InfoQuest (January 19, 2022) - The Cabinet of Thailand has allocated 1.48 billion baht from the central budget to fund a programme that offers essential products at lower prices to help reduce cost-of-living pressures. At the same time, it can stimulate consumption and economic vitality.

No less than 3,000 outlets including convenience stores, local malls, and markets nationwide will join the three-month programme. The discounted products include farm products such as chicken, eggs and essential products from local wholesale suppliers. Various media will also help promote the programme.

Under the circumstances of the raging pandemic and price hikes, this programme will help increase the channels for people to purchase affordable daily necessities, so as to reduce their living burden. Relevant departments are also required to pay close attention to the rising prices.

Source: InfoQuest, by Tanit Tongnok/Papatson Ongphichetmetha/Rachada Kongkhunthian, translated by Xinhua Silk Road

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