Budget Bureau announces delay in new budget disbursement

14 Sept 15:03 Key points summarised by AI

The Budget Bureau announced a delay in disbursing funds from the 2021 fiscal year budget beyond October 1st, advising government units to utilize residual funds from the current year.
The 3.3 trillion baht Budget Bill is still undergoing parliamentary approval, with final readings and Senate deliberations scheduled before submission for Royal assent.
Despite the delay, government officials' salaries and existing investment projects will proceed as normal, though the exact disbursement date remains unspecified.

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

Yesterday 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.