22-January-2025
Economy News
 
Thailand Expects to Distribute $4 Billion in Handouts in Q2 Next Year
20-Nov-2024

Thailand expects to conduct the third phase of its cash handout stimulus programme in the second quarter next year, when 140 billion baht ($4.1 billion) will be distributed to 14 million people, a deputy finance minister said on Wednesday. "The various stimulus measures can push growth above 3% next year. We are quite confident of that," Julapun Amornvivat said, adding that full-year growth in 2024 will not exceed 2.8%. About 14.5 million people have so far received a payment of 10,000 baht ($290), out of an estimated 45 million who are expected to be take part in the government's signature scheme.

News Source:- https://money.usnews.com/investing/news/articles/2024-11-19/thailand-expects-to-distribute-4-billion-in-handouts-in-q2-next-year