The new package follows the scheme on consumption and tourism, known as 'Eat, Shop, Spend', which the government has been implementing.
Uttama’s announcement comes as the economy suffers slower growth – it grew just 2.4% in the third quarter. The government wants to stimulate spending upcountry, the finance minister said. The package will also aim to boost investment in provincial areas via village and community funds, added Uttama. Additionally, the government will support people who want to own homes, he said.“The package will boost the economy in the fourth quarter and in the long term, ” he said. Moreover, it will help the Thai economy to be immune to external uncertainties, he noted.Article type: free
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