Picture courtesy of UNICEF
In a bid to boost birth rates and tackle looming labour shortages, the Labour Ministry is gearing up to increase the monthly child welfare support for social security subscribers in Thailand from January next year.
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In a bid to boost birth rates and tackle looming labour shortages, the Labour Ministry is gearing up to increase the monthly child welfare support for social security subscribers in Thailand from January next year. Labour Minister Phiphat Ratchakitprakarn has revealed plans to make family life a little more financially feasible for the nation.
Currently, if you’re covered under sections 33 and 39 of the Social Security Act, you pocket 800 baht per child each month, capped at three kids. But come January, that figure is set to rise to a cool 1,000 baht, with parents eligible for this benefit until their little ones hit six.
Phiphat’s got even grander visions, pushing for a generous 3,000 baht monthly payout for seven years to sweeten the deal for expanding families.
“Parents, especially in the city, often worry about the staggering costs of raising…