57 billion baht in circulation during New Year

57 billion baht in circulation during New Year

According to a government spokesperson, the prime minister is pleased with domestic spending during New Year holidays as tourism is expected to trigger 57 billion baht of cash flow.

Government spokesperson Lt. Gen. Sansern Keawkamnerd made the statement after Prime Minister General Prayut Chan-o-cha received a report which indicated energetic spending during this holiday season.

The spokesperson accredited the enthusiastic spending to commodity prices which are in the affordable range, thanks to the Commerce Ministry’s efforts to clamp down on unfair trading.

He said the government’s assistance measures such as the welfare card program and the ‘Shop for the Nation’ initiative have contributed to the positive spending atmosphere.

It is forecast that low income earners will spend a total of 57 billion baht during the festive season, which is equivalent to 3,765 baht per person.

Information and Source

Reporter : Nuppol Suvansombut Rewriter : Rodney McNeil National News Bureau & Public Relations : http://thainews.prd.go.th

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