Macroeconomics

Thailand to Start Second Stage of Stimulus Programme in January

November 19, 2024, 05.19 PM | Source: Reuters
Thailand to Start Second Stage of Stimulus Programme in January

ILUSTRASI. The second phase of Thailand's handout scheme will be distributed 40 billion baht among 4 million people to help boost consumption.

THAILAND - BANGKOK. The second phase of Thailand's "digital wallet" handout scheme will be launched in January and distribute 40 billion baht ($1.16 billion) among 4 million people to help boost consumption, officials said on Tuesday.

The government's flagship $14 billion stimulus programme to give 10,000 baht ($289) each to about 45 million people was launched in late September, with about a third of the payments already made.

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