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225 billion baht Covid-19 stimulus package gets initial approval

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Thailand’s cabinet gave initial approval today for a stimulus package of 225 billion baht to provide low-income groups relief from the devastating third wave of Covid-19. The plan to invest nearly a quarter of a trillion baht into financial stimulation measures passed its initial stage today and will be reviewed and voted on within the next few weeks according to PM Prayut Chan-o-cha. The package would include a 1-month extension of 2 programs that provide cash to those most in need. The cost of this extension is about 85.5 billion baht. The proposal also includes spending for co-payment and e-voucher […]

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