Type of Intervention: Wage and income support
Sectors Involved: Business support
Level of Jurisdiction: National
Overview: The Social Security Board implemented a reduction in the mandatory contributions to social security funds, reducing employer contributions to 5%, and employee contributions to 4%.
The Board also announced a deferral of all contributions for March, April and May by three months, with contributions resuming July 15.
Full details here: https://www.bangkokpost.com/thailand/general/1883650/social-security-fund-to-lend-helping-hand