Government House, A government spokesperson revealed that the Cabinet has approved a loan project to assist Thai workers returning from Israel, worth 2,000 million baht, while the Labor Minister has asked for an additional 50,000 baht in aid money from the original 15,000 baht, and has proposed a meeting to meet. page
Mr. Chai Watcharong, spokesman for the Prime Minister's Office, announced that the Cabinet meeting was considering measures to provide relief to Thai workers returning from Israel. In order to alleviate the suffering of Thai workers who return, they have sufficient liquidity to start their careers. or relieve the burden of debt The Cabinet therefore resolved to approve the loan program for repatriating Thai workers from Israel. The government will approve a low-interest loan of 2,000 million baht through the Government Savings Bank and the Agricultural Bank and Agricultural Cooperatives. Sharing 1,000 million baht per bank, giving 150,000 baht to each person, 3% interest, with the government helping 2%, workers pay 1% themselves, 20-year installment payments, approximately 690 baht per month per person, able to apply for a loan until 30 June 2024, with The purpose is to repay loan debt for working in Israel and/or to invest in a career (data from the Department of Employment, as of September 2023, there were 25,887 Thai workers traveling to work in Israel)
“The Minister of Labor proposed to the meeting as a special case that The compensation money of 15,000 baht for those who have returned is not enough. Therefore, it was proposed at the meeting to request approval of an additional 50,000 baht for each person in the central budget. The Prime Minister promised that it would be retroactive to everyone. which the Cabinet Secretary It has been stated that in order to ensure accuracy Let the Ministry of Labor propose it to the Cabinet. for approval. In addition, the Minister of Labor Will request a suspension of repayment of both principal and interest. Thai workers in debt with financial institutions in the amount of 150,000 baht, which will go to the Council in the next round including requesting an additional 50,000 baht and suspending debt payment of 150,000 baht,” a spokesman for the Prime Minister's Office Said.
Source: Thai News Agency