New govt stimulus targets grassroots, homebuyersA Model community at a residential fair in Bangkok early this year attracts interest. A property down payment subsidy is part of the government's latest batch of economic stimulation measures approved on Tuesday. (File photo)The cabinet on Tuesday approved more economic stimulus measures, including money for village funds, 50-billion-baht in loans for local people's organisations and a 50,000-baht subsidy on a home purchase down payment. Members of village and urban community funds could also apply for a one-year debt moratorium. These measures should benefit the general public, small farmers, small and medium-sized enterprises, and the property sector, Mr Uttama said.

Source: Bangkok Post November 26, 2019 10:52 UTC