PM assures the public that stimulus budget will be spent effectively

PM assures the public that stimulus budget will be spent effectively

14 Sept 03:31 Key points summarised by AI

Prime Minister Prayut Chan-o-cha assures the public that the 310 billion baht economic stimulus package will be spent effectively and economically, countering concerns about overspending.
The package targets consumption and investment through direct handouts for low-income earners, the elderly, and mothers, along with subsidies for farmers and cheap loans for SMEs, aiming to achieve at least 3% economic growth for Thailand.

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

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

Today 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.

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