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The Thai cabinet approved a US $ 720 million domestic stimulus package

Date : 2020-06-17

The Thai cabinet on June 16 approved a 22.4 billion baht in-house stimulus package (about US $ 720 million) to revitalize this smoke-free industry, considered one of the drivers. growth of the Golden Temple Country in recent years.

Thai Government spokesman Traisuree Taisaranakul said the stimulus package was proposed by the Ministry of Tourism and Sports and the Ministry of Finance and will be implemented from July to October this year.

In the approved budget, 18 billion Baht will be used to fund subsidies for accommodation, food and other services provided at the tourist destination. According to the plan, 5 million nights stay at the hotel will be equal to 40% of the normal level with a subsidy not exceeding 3,000 Baht / night.

Price support for other services is set at 600 Baht / room per night. To enjoy this offer, travelers have to stay at tourist facilities outside the province where they live.

The next amount of 2.4 billion Baht will be used to fund vacation trips for 1.2 million medical volunteers and staff of commune and ward hospitals based on travel agency services. calendar. Each person will receive a maximum of 2,000 Baht for a trip of at least 2 days and 1 night.

The remaining amount, 2 billion Baht, will be used to subsidize domestic air tickets, intercity bus tickets and car rental costs for 2 million people in general. This subsidy will pay for 40% of the fare, but is limited to 1,000 Baht per person.

According to Traisuree spokesperson, the Thai government is working to come up with a system for people to apply for subsidies.

Before the outbreak of Covid-19, Thailand hoped that tourism revenue would contribute at least 20% of GDP in 2020. However, tourism was the first industry in the country to suffer the impact of the Covid epidemic. -19 from the end of January 2020.

The situation worsened in March when the Thai government imposed travel restrictions to control the spread of the disease.

In the first 5 months of the year, the total number of domestic tours also decreased by 58.2%, reaching only 40.2 million trips, with sales down 57.9% to 191 billion Baht.

Statistics by the Tourism Authority of Thailand (TAT) show that the number of international visitors to the country has dropped 60% in the first five months of this year to 6.69 million, while revenue from foreign visitors. outside dropped 59.6% to 332 billion Baht.

Thailand welcomes nearly 40 million foreign visitors in 2019.