Jump to content

Wealthy Thais not eligible for ‘We Win’ cash handout campaign


Recommended Posts

Wealthy Thais not eligible for ‘We Win’ cash handout campaign

By The Nation

 

c.jpg

FILE PHOTO for reference only

 

One of the criteria used to screen applicants for the government’s “RaoChana” (We Win) monthly cash handouts will be the size of their bank accounts, a Finance Ministry source has confirmed.

 

Successful applicants for the latest scheme to mitigate financial impacts of the fresh Covid-19 outbreak will be handed two monthly payments of Bt3,500 – but only if their savings fall below a certain minimum threshold. The ministry will keep the exact figure of the threshold secret in order to prevent applicants from transferring money out of their accounts to meet the criteria. 

 

The scheme is focused on helping the self-employed and farmers. It follows the government's “Rao Mai Thing Kan” (We won't leave anyone behind) scheme of three monthly Bt5,000 payments, which also used savings as a criterion for eligibility.

 

"The government spent Bt390 billion [on Rao Mai Thing Kan], but people still protested in front of the ministry after their applications to receive Bt5,000 remedial payments were rejected. A government official found that one protester had more than Bt10 million in his account, which is why he was not eligible," said the source.

 

Kulaya Tantitemit, acting director of the Fiscal Policy Office (FPO), said the RaoChana screening system will first reject people under the social security system, government officials, and employees of state enterprises.

 

“We want to help low-income people affected by COVID-19, so those outside the social security system such as freelancers or farmers will be eligible [for the RaoChana scheme]. But anyone with a high income will be disqualified," said Kulaya.

 

The Finance Ministry will submit the eligibility criteria for RaoChana to Cabinet soon, before registration for the scheme opens at the end of this month. The first payments are due to be transferred to recipients in early February.

 

Source: https://www.nationthailand.com/news/30401193

 

 

nation.jpg

-- © Copyright The Nation Thailand 2021-01-14
 
  • Like 1
Link to post
Share on other sites

The words savings and Thai usually don’t go together in your average worker . Hence household debt being the highest in 12 years or whatever it was the other day !

What are you really going to do with 3500bht ? Won’t buy much over a month once you pay bills .

Link to post
Share on other sites
5 minutes ago, ronaldo0 said:

The words savings and Thai usually don’t go together in your average worker . Hence household debt being the highest in 12 years or whatever it was the other day !

What are you really going to do with 3500bht ? Won’t buy much over a month once you pay bills .

Really ????

Goes a long way in my household !

Link to post
Share on other sites

It's one of those 'generally' good things.   Of course you will have folks that will game the system or spend it (or not at all) in ways that aren't in good spirit with the intent.   I'm sure there are plenty of Thais with US citizenship who have now safely incorporated last years and this years stimulus checks into the Thai economy.   (not me of course, I spent mine on a couple of Spyder jacket/pants sets on Amazon... USA! USA! USA!)

Link to post
Share on other sites
32 minutes ago, ronaldo0 said:

What are you really going to do with 3500bht ? Won’t buy much over a month once you pay bills .

Deposit for a new iPhone 12 / Honda Scoopy paid off over five to ten years! :thumbsup:

  • Haha 2
Link to post
Share on other sites
13 hours ago, webfact said:

The ministry will keep the exact figure of the threshold secret in order to prevent applicants from transferring money out of their accounts to meet the criteria. 

 

Anew account has no savings at all, so will definitely be below the threshold.

 

Thanks for the heads up minister, sorted now

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...