Cabinet approves new stimulus plan

The cabinet on Tuesday approved another package of measures to boost consumption and support an economy still struggling with the collapse of its vital tourism sector.

The measures include a tax deduction of 30,000 baht for shoppers, an extension of the existing co-payment scheme and a cut in property transfer fees, government spokesman Thanakorn Wangboonkongchana told a news conference after the meeting.

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Bangkok Post Reporter