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Subscribers to government’s co-payment scheme urged to spend before program expires

13 Sept 23:30 Key points summarised by AI

The Finance Ministry urges subscribers of the third phase of the 50:50 co-payment scheme to spend their remaining balances in “Pao Tang” accounts by December 31st, as the program will not be extended or adjusted.
Out of 27 million subscribers, 26 million have spent 184 billion baht through the scheme, mainly on food, drinks, and general store purchases, though some vendors doubt its long-term economic effectiveness without broader economic improvement.

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.