Eknithi Nitithanprapas, Deputy Prime Minister and Minister of Finance, has outlined his “Quick Big Win” urgent plan, to be accomplished within four months, focusing on five key pillars to deliver fast, significant, and widely beneficial results.

The five priority areas are as follows:

1. To stimulate the economy and tourism—The “Half-Half Plus” scheme aims to reduce people’s cost of living while encouraging spending on small businesses, and the program aims to promote tourism in secondary cities by granting double tax deductions for hotel renovations.

2. To solve debt issues, particularly household Non-Performing Loans (NPL)—The government will use the remaining 26 billion baht from the rehabilitation fund to purchase NPLs from the public for debt restructuring.

3. To support SME entrepreneurs—Measures include SME loan guarantee schemes, the acceleration of tax refunds to increase business liquidity, and the “Big Brother Helps Little Brothers” program, allowing large entrepreneurs who support SMEs to receive a tax deduction.

4. To increase public savings—The savings lottery scheme will promote savings through the purchase of government lottery tickets. A portion of the money will be allocated to a retirement savings account, with withdrawals permitted once the individual reaches the age of 55, or after holding it for five years.

5. To enhance economic and technological capacity—Board of Investment (BOI) regulations will be unlocked by implementing the Fast Pass Plus program, allowing private companies applying for investment promotion privileges to accelerate investment.

The finance minister stressed that the plans would be developed within a disciplined framework to ensure transparency and good governance.