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Bangkok Post
Bangkok Post
Business

Cabinet okays B27.4bn subsidies to help poor

Arkhom Termpittayapaisith Thanakorn Wangboonkongchana Inflation
A sign for the 'Khon La Khrueng' co-payment subsidy scheme is seen at a noodle stall. The cabinet on Tuesday approved the fifth phase of the co-payment scheme that will run for two months starting from Sept 1. (Photo: Arnun Chonmahatrakool)

The cabinet on Tuesday approved additional economic assistance measures worth 27.4 billion baht, including an extension of the "Khon La Khrueng" co-payment scheme to help alleviate the hardship of people affected by higher costs of living amid high inflation.

The cabinet also gave the green light to additional tax incentives for electric vehicles (EVs) as well as a 5-billion-baht soft loan programme to help smaller hotels reopen.

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