BANGKOK, Oct 15 — Thailand's government is preparing a series of economic stimulus measures aimed at long-term economic recovery, including a 20-baht (RM2.58) flat rate for electronic mass railways, expanded flood relief and tax relief initiatives, among others.
Prime Minister Paetongtarn Shinawatra said the proposed measures are designed to alleviate the financial burden on citizens while promoting sustainable economic growth.
Among these initiatives is the 20-baht flat-rate fare for the country’s mass railway system, which is currently under review by the Ministry of Transport and the Ministry of Finance.
“This policy aims to ease commuting costs and encourage wider use of electric trains, which will also help reduce pollution,” she told the press after chairing a Cabinet meeting at the Government House today.
Both ministries will jointly study the financial feasibility of the policy, including the benefits for the public, the budget required for implementation, and the sources of funding.
Paetongtarn said the findings will be presented to the public once the study is complete.
On flood relief, she announced that her government is actively surveying affected areas to assess the need for additional financial assistance.
As part of the relief package, each household impacted by the recent floods will receive 9,000 baht (RM1,162.78) in flood assistance, with an additional 10,000 baht (RM1,292.05) provided for cleaning up mud and debris.
The government will also exempt affected households from paying water and electricity bills during the cleanup period.
In addition, Paetongtarn said the Ministry of Finance is set to announce a range of tax relief measures aimed at reducing costs for flood victims, including lower rental fees for crown land and the provision of low-interest loans from both state and private banks to help restore homes and businesses.
“Further details, including eligible categories for the financial assistance, will be provided by Deputy Prime Minister and Minister of Finance Pichai Chunhavajira,” she said.
According to local news reports, floods have affected 23 provinces in Thailand, particularly in the northern and northeastern regions, impacting 66,000 families across 1,647 villages.
— Bernama
