Easing of public burden from oil price rise to cost taxpayers ฿45bn

23 Sept 07:08 Key points summarised by AI

The Thai government will allocate 45 billion baht over three months to alleviate the public burden from rising oil and gas prices.
This new expenditure follows 164 billion baht spent since 2020, contributing to the Oil Fund's current deficit of over 32 billion baht.
Key relief measures include capping diesel prices, subsidizing cooking gas for households and welfare card holders, offering fuel discounts for motorcycle taxis, providing special NGV rates for taxi drivers, and maintaining electricity charges for low-consumption households.

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

20 Oct 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.