NESDB approves first 213 projects aimed at rebooting the economy

13 Sept 15:46 Key points summarised by AI

Thailand's National Economic and Social Development Board (NESDB) approved 213 initial projects to rehabilitate the economy and society following the COVID-19 pandemic.
These projects will utilize approximately 100 billion baht (to be reduced to 70-80 billion baht) from government loans, with the first phase commencing in July.
The initiatives aim to strengthen the grass-roots economy, develop infrastructure, stimulate domestic tourism, and are projected to create 400,000 tourism-related jobs and assist 95,000 farmers.
Strict transparency measures, including comprehensive documentation for risk assessment and procurement, are mandated to ensure proper fund disbursement and prevent corruption.

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.