The Finance Ministry will ask the Cabinet tomorrow to extend the phase 3 deadline of the “Eat, Spend, Shop” scheme to January 31 next year from the original December 31 deadline to stimulate both spending and the economy during the New Year period, Finance Minister Uttama Savanayana said on Monday (November 11).

The Finance Ministry will evaluate the results of the “Eat, Shop, Spend” Bt1,000 cash hand-out first before considering a second phase, said Lavaron Sangsnit, director-general of the Fiscal Policy Office.