Thailand: COVID-19 Active Response and Expenditure Support Program
The principal objective of the Program is to support the Borrower's (Thailand) countercyclical fiscal policy in response on the COVID-19 pandemic, including by mitigating the adverse impact on poverty caused by the COVID-19 pandemic. The scope of the Program includes the following social, health and economic measures: (i) providing social assistance to individuals including informal workers and famersthrough the cash handouts program; (ii) strengthen the healthcare sector to cope with potential surges in COVID-19 cases; and (iii) tax relief measures to support small to medium sized enterprises impacted by COVID-19 implemented. The Program is described in more detail in the Policy Letter. The Program is expected to be completed by 30 June 2021.
Progress (as of March 2021)
|Nguyen, Duong T.
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- Healthcare system-s preparedness for future pandemic surges improved and adverse social and economic impacts of COVID-19 minimized.
- Measures to prepare the healthcare system for pandemic surges implemented.
- Support to the poor and the vulnerable impacted by COVID-19 expanded.
- Measures to support businesses, including SMEs impacted by COVID-19, implemented.