Thailand Launches 21.8 Billion Baht Economic Stimulus Package

Fiscal Policy Office (FPO) director-general Lavaron Sangsnit said the measures are aimed at shoring up the economy after signs of a slowdown in the first quarter of this year.

Thailand Launches 21.8 Billion Baht Economic Stimulus Package

BANGKOK – Thailand’s Junta Government has launched a fresh economic stimulus package worth 21.8 billion baht to counter signs of an economic slowdown and boost domestic consumption to offset weaker exports. The measures include 13.2 billion baht of public welfare benefits for low-income earners, the disabled, farmers and children; and tax measures worth 8.6 billion baht […]