New stimulus planned in effort to keep recovery rollingThe government is planning to roll out a number of measures as "New Year gifts" at the end of the year, including an extension of the "Khon La Khrueng" co-payment scheme and the "Shop Dee Mee Khuen" tax rebate scheme. The new measures aim to encourage consumer spending to maintain the momentum of the economic recovery, said Mr Anucha. Deputy Prime Minister Supattanapong Punmeechaow said the new measures are highly likely to include retreads of the Khon La Khrueng co-payment scheme, the Shop Dee Mee Khuen tax rebate scheme and the "We Travel Together" tourism stimulus campaign. "The new measures must be considered by the Finance Ministry to see which are appropriate for the country's economic recovery," he said. A second decree was issued last year to allow the government to borrow an additional 500 billion baht.

Source: Bangkok Post October 19, 2022 04:21 UTC