Thai and Dutch diplomats focused on Thai-EU FTA by year’s end
New home loan scheme aims to boost property sector with Bt125 billion
‘Secret’ security spending under fire as Thai budget prioritises defence over health
AI In-Brief
Thailand News in Brief
Thai PBS World
Thailand and the world, every day
AI can make mistakes. Please double-check.
‘Secret’ security spending under fire as Thai budget prioritises defence over health
13 Sept 13:23Key points summarised by AI
Thai opposition targets over Bt1 billion in "secret budget" allocations for national security and military in the 2022 fiscal year, citing a critical lack of transparency.
Critics argue the proposed budget prioritizes defense spending over crucial public health initiatives, despite the ongoing COVID-19 pandemic and economic crisis.
Specific agencies, including the Army, Navy, Air Force, and Prime Minister's Office, face scrutiny for unexplained "secret operations" funds, raising concerns about potential misuse for political monitoring.
The opposition Pheu Thai Party advocates for significant cuts to military procurement plans, such as armored vehicles, submarines, and combat jets, to redirect funds towards more pressing public needs.
New home loan scheme aims to boost property sector with Bt125 billion
Yesterday 11:38Key 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.