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Government policies to revive real estate sector |
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(BangkokPost.com) – Deputy Prime Minister and Finance Minister Mr Surapong Suebwonglee gave a lecture under the title “The
Government’s policies and the Real Estate Sector for the Betterment of
Thailand’s Economy in 2008” on Wednesday morning.
During his speech, Mr Surapong expressed confidence that several policies to be
implemented by the government will boost the country’s overall GDP growth by
another 0.2-0.3 per cent on top of the initial forecast of 5.5 per cent for
2008.
Mr Surapong disclosed plans to raise the topic of the Government Housing Bank
offering a rate on loans for the private sector at next week’s cabinet meeting. The proposed policy is
aimed at enabling low income earners to own homes.
He explained that the government’s tax incentives is a short-term measure to boost the economy and hinted at two
more long-term measures to be introduced in order to stabilise the economy.
Mar 26, 2008
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