Finance Ministry unveils strategy for aging society

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BANGKOK,(NNT) – The Ministry of Finance and related agencies are preparing a strategy to accommodate Thailand’s transition into an aging society, citing income, housing and medical treatment system as the major issues that authorities need to tackle.

Thailand News 21-03-17 3 NNT Finance Ministry unveils strategy for aging society

Fiscal Policy Office (FPO) Director General Krissada Jeenawijarana disclosed that the FPO has been assigned by the government to draft a national plan to accommodate Thailand’s transition into aging society. He said the FPO and relevant agencies have collaborated and compiled each ministry’s plans to achieve the goal.

The Ministry of Finance plans to raise allowance for the elderly to at least 1,200-1,500 baht per person and plans to set up a fund for senior citizens.

In addition, state care plans for the elderly will also cover job opportunities, as the Revenue Department has already announced its employment plan for senior citizens.

Treasury Department Director General Chakkrit Pharaphanthakul disclosed that the Treasury Department and Ramathibodi Hospital will be implementing a housing project for the elderly dubbed as the Senoir Complex.