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Thailand's Government Savings Bank to Set Aside Funds to Boost House Sales.
Byline: Wichit Sirithaveeporn
Mar. 6--The Government Savings Bank is ready to inject another 20 billion baht to support a property stimulus programme with the National Housing Authority.
Somkid Jatusripitak, finance minister, and Sora-at Klinprathum, a deputy interior minister, yesterday presided at a contract signing between the GSB and NHA for the programme.
GSB customers will be eligible to purchase properties at 51 different projects run by the NHA at discounts ranging from 5-30 percent.
Sales at some 16 NHA-run projects are expected to begin under the programme later this month.
Charnchai Musignisarkorn, director-general ...
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