The Minister of Commerce stated that both manufacturers and major retailers are joining together to organize a nationwide sale for 3 months, hoping to reduce the cost of living and boost purchasing power through the digital wallet project. Mr. Phumtham Vejjayachai, Deputy Prime Minister and Minister of Commerce, said after discussing with large entrepreneurs to organize a product discount festival under the government's economic recovery project, which is scheduled to be organized for 3 consecutive months between August 20 and November 20, 2024 that initially, there were 150 large private companies, consumer product manufacturers, and wholesale and retail traders willing to join the project through 3 activities and 6 operational guidelines, namely: 1. Reduce costs for small entrepreneurs, both by reducing shop and market stall rental fees, organizing promotions with online stores, reducing shipping costs, which received cooperation from Thailand Post. 2. Increase sales areas for small businesses, organize commercial markets nationwide in 76 provinces, both in government and private sectors. 3. Join hands with large manufacturers and wholesalers to reduce the cost of living through a campaign to reduce prices in every province nationwide, along with organizing promotions for every season, such as New Year, Chinese Ghost Festival, Vegetarian Festival, etc. However, the project aims to reduce the expenses of small entrepreneurs, increase trading channels, reduce the burden of people's cost of living, stimulate money circulation in the economy, and prepare for the 10,000 baht digital wallet project. 'We have received good cooperation from government and private agencies to help us get through the economic crisis that affects small entrepreneurs. This will be done in conjunction with reducing burdens and increasing income. In reducing the burden of costs and expenses, we will discuss with the State Railway of Thailand to arrange cheap transportation for entrepreneurs nationwide to bring their products to sell. Th is operation will be a preparation for the digital money project at the end of the year, which will have 450,000-500,000 million baht entering the system. We must prepare in every aspect,' said Mr. Phumtham. For details of the government's economic recovery project, the Prime Minister will announce it on August 20th after the mobile cabinet meeting in Phra Nakhon Si Ayutthaya Province. The joint meeting was attended by major manufacturers such as Charoen Pokphand Group, ThaiBev, PTT, and Makro, who confirmed their cooperation and preparedness to reduce rental fees and bring products on sale, which will be a major nationwide price reduction. Source: Thai News Agency