FRIDAY, April 19, 2024
nationthailand

Co-payment scheme participants urged to spend credit by Mar 31 expiry date

Co-payment scheme participants urged to spend credit by Mar 31 expiry date

The Finance Ministry has reminded people to spend their remaining credit from the co-payment shopping scheme before it expires on March 31.

Fiscal Policy Office director-general Kulaya Tantitemit said on Monday that over 14 million people who joined the “Khon La Khrueng” (Let’s Go Halves) scheme must spend the money by March 31, as the leftover budget will not be transferred to other economic stimulus programmes.

Under the Kon La Khreung scheme, registrants get discounts on their shopping of up to Bt150 per day at more than 1.5 million participating merchants, capped at Bt3,500.

“If you have not used up your allocated Bt3,500, you should do so before the month’s end,” Kulaya said, adding that the more registrants spend under the scheme, the more it will help boost the country’s pandemic-hit economy.

“As of March 21, a total of 14,793,502 people had been approved for the scheme. Of these, about 6.31 million people have already spent their Bt3,500,” she added.

Total spending under the scheme has reached Bt98.86 billion – Bt50.61 billion spent by the public and another Bt48.25 billion subsidised by the government.

Provinces with highest spending are Bangkok followed by Chonburi, Samut Prakan, Songkhla and Chiang Mai.

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