Bangkok: Pipat Ratchakitprakarn, Minister of Labor, has addressed concerns over budget allocations within the Ministry of Labor, emphasizing the need to enhance labor skills both domestically and for export. The Department of Skill Development has received a notable budget increase, while the social security budget has seen reductions. This budgetary decision aligns with efforts to develop labor skills in areas like AI and semiconductors, essential for economic growth.
According to Thai News Agency, the Ministry of Labor's budget debate involves a total of 68,169 million baht. Specific departments have experienced budget cuts; however, the Department of Skill Development received an additional 500 million baht, the most significant increase among departments. Conversely, the Social Security budget was reduced due to its underutilized fund, which is typically allocated at about 10% but only uses around 2%.
The emphasis on labor skill development extends to preparing workers for overseas opportunities, contributing significantly to Thailand's economy. Annually, the country earns no less than 250 billion baht through international labor deployments. Meanwhile, discussions continue regarding compensation for laid-off workers, with plans to amend the law and establish a fund to ensure employees receive due compensation.
In addressing employer contributions to employee welfare funds, the Ministry is considering reducing the burden on employers while ensuring adequate employee compensation. The Ministry of Labor aims to implement a compensation fund to aid laid-off workers, contingent on legislative amendments. This initiative seeks support from government MPs and opposition parties for a smooth legislative process.
The central budget of 157 billion baht includes 10 billion for Social Security, earmarked for debt repayment rather than assistance. An agreement with six banks has facilitated a 30 billion baht fund to provide liquidity to businesses, aiming to maintain at least 80% employment levels. The Ministry is also working with banks to offer loans to workers under Sections 33, 39, and 40, fostering independent careers and additional family income.
Efforts to enhance occupational safety are underway, with a committee established to prevent workplace accidents, especially in construction. This initiative follows a recent building collapse, underscoring the need for stringent safety measures. The Ministry aims to reduce workplace accidents and fatalities significantly by 2027.
Despite time constraints preventing a full explanation in the House of Representatives, Mr. Pipat expressed a commitment to transparency through a press conference. The Ministry is actively implementing the 2025 budget, seeking to address both immediate and long-term labor development needs.