Council of Ministers advises ways to help the tourism sector following COVID, financial support, tourism campaigns, digital enhancement
Ms. Jinangkura Rojananan, Deputy Secretary-General of the Office of the National Economic and Social Development Council (NESDB) or the National Council for Peace and Order (NESDB) said that she disclosed the article “Voice of SMEs in the tourism sector: adaptation and Appreciate the government’s assistance” Measures to control the epidemic of COVID-19 have severely affected the tourism sector. especially small and medium enterprises (SMEs), although the government has continuously issued measures to help and restore the economy. But entrepreneurs and SME workers Still seen as inadequate compared to the impact received. Therefore, financial support tourism promotion as well as promoting the use of technology and innovation in the tourism business. is therefore an important approach create employment and drive the economy to continue
Ms. Jinangkoon said that from the impact on entrepreneurs and workers mentioned above. There should be countermeasures: 1. Financial support. To enhance liquidity and reduce the burden of expenses for entrepreneurs/labourers. Emphasis will be given to access to assistance measures such as low-interest loans for business rehabilitation. tax reduction or exemption including remedial assistance for workers who are not in the social security system 2. Promotion of tourism by organizing a campaign to promote seasonal tourism which mainly focuses on domestic tourism Support tourism for low-income households, arranging travel packages, accommodation, and restaurants focused on SMEs
Ms. Jinangkoon said and 3. Promoting skills and using technology/innovation for tourism by developing a free internet system to be comprehensive and thorough Support training to develop digital skills in accordance with the business characteristics of entrepreneurs/workers. including support and training in labor skills, especially in vocational education groups in SMEs to prepare to keep up with the development
Ms. Jinangkoon said that in terms of important social situations, such as 1. The virtual world (Metaverse) and new opportunities in Thailand, because the Metaverse is an upgrade of communication or interpersonal interactions from the old format used. service via website or application or transform the experience of real-world interactions. to digital format It is expected to generate significant economic value in the future, with Bloomberg Intelligence estimates Metaverse will reach $780 billion by 2024. Similarly, Goldman Sachs expects Metaverse to generate $8 trillion in market capitalization. United States
“For Thailand, Metaverse will be a technology that helps support the development of the country, such as the creative economy. and digital economy as well as to drive the economy according to the targeted industries According to the draft National Economic and Social Development Plan No. 13, with the following issues to be considered: 1. Opportunities for Thai people and businesses to have comprehensive access. Due to the high cost of access equipment 2) Promoting the development of digital workforces to support the change of technology 3. Speed and coverage of Internet Metaverse is required, but Thailand’s 5G internet service area is not yet covered in all areas. 4. Clear laws for supervision and 5. Information security,” said Ms. Jinangkoon.
Ms. Jinangkoon said that 2. Homeless people: an approach to upgrading their livelihoods to be self-reliant in society. During the COVID-19 epidemic situation, the number of homeless people is likely to increase by 30% (data from the survey of the Ministry of Education, together with the Thai Health Promotion Foundation and its networks) for solving problems and providing assistance. homeless There are actions: 1. The government, which is carried out through Ministry of Social Development and Human Security is the main There will be a mechanism to help, namely the Center for the Protection of the Homeless. and homeless shelters 2. Private agencies such as the homeless network Mirror Foundation This will provide assistance in the form of a shelter as well. including immediate assistance which solves the problem of homeless people to be self-reliant and sustainable and view the homeless as part of society that everyone has value, respect for differences, and has full participation in society More action is needed in many areas. and help to solve problems in all sectors
Ms. Jinangkoon said and 3. The impact of the change in the Thai population structure from the perspective of the national transfer account. Thailand will enter an aging society completely in the next 1 year and the birth rate tends to decline continuously. This will have a broad impact on the economy and society The results of a study in 2019 found that 1. Overall, Thai people have lower incomes from work than consumption expenditures that occur throughout their ages. (income deficit), while Thai people’s savings are still at a low level. 2. The government sector tends to have more expenses. The change in the population structure of the country is expected in 2040, public health expenditures to GDP. will increase to 12.71% and government expenditure on education to GDP will increase to 4.71%. In addition, the public debt to GDP ratio may also increase by more than 5.41% due to the population
Decrease in the working age. 3. Being an aging society will be a factor that will hold the economy contraction. On average
0.5% per year and 4) the working age must earn money to care for the elderly children and self, valued at 7.7 million baht for consumption expenses of children, the elderly and their own retirement planning (live until 90 years)
Ms. Jinangkun said that from the results of the above study reflects the important issues that must be undertaken as follows: 1. Increasing revenue will be
It is important to alleviate the income deficit and potentially enhance economic expansion.
Preparing children’s skills in accordance with the demands of the labor market including promoting the economic participation of the elderly 2. Compensation for labor shortages through the withdrawal of highly skilled Thai workers abroad and the importation of highly skilled foreign workers to support the economic restructuring that will transition to high-value industries in the long run
3. Strengthening household finances including increasing the level of household savings to reduce financial risks, especially during emergencies including planning retirement to prepare for life when income is reduced; and
4. Improving the country’s fiscal system to create fiscal balance and improve people’s quality of life.
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