The Permanent Secretary of the Ministry of Finance confirmed that the "Half-Price Plus" Phase 2 program will proceed as planned, with the system 100% ready.

168

The Permanent Secretary of the Ministry of Finance confirmed that the "Half-Price Plus" Phase 2 program will proceed as planned, with the system 100% ready. It awaits the government's conditions and target groups. He also anticipates a swift formation of a new government, ensuring the 2570 budget remains uninterrupted.

February 10, 2569 at 16.05:XNUMX p.m. Mr. Lawaron Saengsanit, Permanent Secretary of the Ministry of Finance, revealed that the situation is now quite clear regarding the winning political party in the election, leading to the expectation that Mr. Ekniti Nitithanpraphas will return to his positions as Deputy Prime Minister for Economic Affairs and Minister of Finance. To continue working on the first 10 things I wanted to do. This also presents a good opportunity to move forward with policies that are pending or unfinished due to time constraints. Therefore, it's a positive sign to get them completed.

partThe "Half-Price Plus" project As one of the flagship policies of the Bhumjaithai Party, the Ministry of Finance has confirmed its readiness to implement the government's policy. Currently, all related systems are 100% prepared, including those for participating merchants and citizens. However, full details must await clarification from the policy makers, as it is unclear whether the government intends to adjust the details to improve the project's efficiency.

"The 'Half-Price Plus' project was one of the initiatives campaigned on by the winning party. It's considered a good project and will be a continuation. The Ministry of Finance is already prepared to implement it; there are no problems. However, regarding the details, we still need to wait for confirmation from the policy makers on whether any adjustments will be made." The Permanent Secretary of the Ministry of Finance said:

Regarding the uncertainty about whether a new registration process will be required, Mr. Laworn stated that this issue depends on clarification from the government on which groups will be targeted in this round of the project. If it targets the same groups of citizens, it will be simple. However, if it targets new groups, they may need to register again to receive the benefits. This would help ensure transparency, as the previous "Half-Price Plus" project was already on a first-come, first-served basis.

The Permanent Secretary of the Ministry of Finance also mentioned the progress on preparing the 2570 budget, stating that the extent of the delay depends partly on how quickly the Election Commission (EC) can certify the election results. If it takes less than 60 days, it would be a positive sign, because if the election results are certified quickly, parliament can be convened quickly, and a prime minister can be elected quickly, everything can be streamlined.

Regarding the details of the budget calendar, the relevant departments, especially the Budget Bureau, have already prepared everything. Therefore, if Parliament can convene soon, the process can quickly move to the committee stage for consideration.

"Personally, I believe a government can be formed quickly and won't be delayed like the previous election. This will be another factor that helps the 2570 budget move forward faster," Mr. Laworn stated.

Read all economic news throughout Thailand here.





Money & Banking Magazine