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Finance Ministry to inject another 50 billion baht to stimulate local economy

BANGKOK, 26 October 2018 (NNT) – Deputy Prime Minister Somkid Jatusripitak has instructed the Finance Ministry to inject another 50 billion baht into the Pracharat Fund.

With the additional sum, the fund will have altogether 100 billion baht for stimulating the local economy, he said.

The fund is aimed at improving care for the elderly population that has not received sufficient help from the government recently.

He said he had also instructed the ministry to accelerate the drafting of a bill on land and building tax collection and drat amendments to the Revenue Code to allow increases in taxes imposed on operators of electronic businesses.

Source: National News Bureau of Thailand (NNT) National News Bureau & Public Relations :

Reporter : Supawadee Wangsri Rewriter : Tewit Kemtong