Another Bt50bn to be injected for grassroots economic stimulation

14 Sept 02:35 Key points summarised by AI

Deputy PM Somkid instructed the Finance Ministry to inject an additional 50 billion baht into the Pracharat Fund, bringing its total to 100 billion baht.
This funding aims to stimulate Thailand's grassroots economy, proactively countering an expected global economic slowdown due to the US-China trade war.
Key initiatives include improving care for the elderly population and ensuring continuous government investment to maintain economic momentum.
The ministry was also tasked with accelerating new tax legislation, specifically a land and building tax bill and amendments to tax electronic businesses.

New home loan scheme aims to boost property sector with Bt125 billion

20 Oct 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.