Thanakorn Pushes for 'Thai Chuay Thai Plus' Phase 2 to Boost Local Economy
Bhumjaithai Party MP reveals grassroots feedback urging the government to continue the economic stimulus project with a potential 50:50 co-pay ratio.
Stock photo for illustration only, not from the actual event
- Thanakorn Wangboonkongchana reports public and vendor demands to extend Thai Chuay Thai Plus to Phase 2
- The project has successfully stimulated local spending and liquidity in community economies
- Success builds continuously from the historic Khon La Khrueng scheme to Anutin Charnvirakul's administration
- Emphasizes smart budget utilization over competing on cash handout amounts
On August 8, Thanakorn Wangboonkongchana, a party-list MP for the Bhumjaithai Party and former Minister of Industry, shared feedback gathered from his field visits across various Thai provinces. This follows the Prime Minister's urgent order to inspect the national treasury status before proceeding with the second phase of the Thai Chuay Thai project, which may adjust the co-payment ratio to 50:50.
Thanakorn noted that domestic spending has visibly revived, benefiting both buyers and local business operators while generating active cash flow throughout the economic system. He credited this as a continuation of success stemming from the original Khon La Khrueng program introduced during Gen. Prayut Chan-o-cha's administration up to the current tenure of Prime Minister and Interior Minister Anutin Charnvirakul.
Stock photo for illustration only, not from the actual event
"Today, many vendors and citizens have asked to thank Prime Minister Anutin for pushing the Thai Chuay Thai Plus project, which stimulates the economy during a period when purchasing power has not yet fully recovered, increases money circulation in the national economy, and tangibly alleviates the cost of living burden for the public. They are also calling on the government to further expand the Thai Chuay Thai Plus project because they see that this policy truly reaches and benefits the people. However, I would like to tell those attacking this policy that proper economic stimulation is not a competition over who hands out more money, but rather an evaluation of which government utilizes its budget wisely and achieves tangible results."
Thanakorn Wangboonkongchana
Co-payment stimulation models directed at the grassroots level are commonly utilized by governments to inject cash directly into domestic circulation. The core advantage is alleviating household expenses while directly supporting small-scale retailers. Discussions regarding matching ratios, such as 50:50, reflect the government's delicate balance between maintaining fiscal discipline and supporting recovering domestic purchasing power.
Source: Matichon Politics
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