Your current location:HOME >health >Thailand: $13.7 billion digital money handout plan unveiled 正文
TIME:2024-05-22 02:49:00 Source: Internet compilationEdit:health
BANGKOK (AP) — Thailand’s Prime Minister Srettha Thavisin on Wednesday revealed details of his gover
BANGKOK (AP) — Thailand’s Prime Minister Srettha Thavisin on Wednesday revealed details of his government’s plan to stimulate the economy by giving digital cash handouts of 10,000 baht ($275) to an estimated 50 million Thais for spending at their local businesses.
Srettha said at a news conference that the 500-billion-baht ($13.7-billion) plan, to be mostly funded out of the 2024 and 2025 fiscal budgets, will be rolled out in the last quarter of the year.
The stimulus and subsequent consumption are expected to boost gross domestic product growth by 1.2 to 1.6 percentage points, he said. The World Bank estimated Thailand’s year-on-year GDP growth at 1.5% in December.
Another portion of the funding will come from the state’s Bank for Agriculture and Agricultural Cooperatives, earmarked for covering payouts to about 17 million farmers.
This Week: Home sales, Fed meeting minutes and consumer sentiment index2024-05-22 02:38
Anne Hathaway addresses claims Harry Styles inspired her age2024-05-22 02:07
Will Biden be on the ballot in Ohio and Alabama? That's up to Republicans2024-05-22 02:06
China's top legislature concludes standing committee session2024-05-22 02:04
I visited the most crowded island on Earth2024-05-22 01:51
How Take That's Gary Barlow, Mark Owen and Howard Donald have evolved from baby2024-05-22 01:49
Xictionary: Chinese modernization2024-05-22 01:16
Top legislature to review bills on patriotic education, safeguarding national secrets2024-05-22 00:31
UN Security Council rejects Russia2024-05-22 00:23
Will Biden be on the ballot in Ohio and Alabama? That's up to Republicans2024-05-22 00:02
Jessica Biel CHOPS her long locks into a bob after book signing in Studio City2024-05-22 02:22
Senior CPC official stresses addressing people's immediate concerns2024-05-22 01:56
Profile: Xi revives culture, spearheads innovation for modern civilization2024-05-22 01:39
Exploring China's high2024-05-22 01:36
China's first intelligent offshore drilling platform installed2024-05-22 01:34
Merrill drives in go2024-05-22 01:08
Haaland scores as Man City routs Luton 52024-05-22 00:57
National political advisors discuss environment protection, building Beautiful China2024-05-22 00:35
Siblings trying to make US water polo teams for Paris Olympics2024-05-22 00:22
China's top political advisory body to hold annual session from March 4 to 102024-05-22 00:13