(Bloomberg) Thailand will dole out 560 billion baht ($16 billion) to its 55 million adults in the next six months to spur domestic demand and investment, with new Prime Minister Srettha Thavisin pitching the revival of a sluggish economy as his government’s top priority.Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiIndia’s G-20 Win Shows US Learning How to Counter China RiseMeloni Tells China That Italy Plans to Exit Belt and RoadBiden
Thailand will dole out 560 billion baht ($16 billion) to its 55 million adults in the next six months to spur domestic demand and investment, with new Prime Minister Srettha Thavisin pitching the revival of a sluggish economy as his government's top priority. All Thais aged 16 and above will receive 10,000 baht each that can be spent on specific goods and services in their
(Bloomberg) Thailand’s new government is set to unveil a number of fiscal stimulus measures next week that will include debt suspension for millions of farmers and small businesses, and a cut in energy prices to bolster growth in an economy still reeling from the pandemic. Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsIndia’s Moment Has Arrived, and Modi Wants a New Global OrderReturn