Thailand earmarks US$10 billion for ‘urgent economic stimulus’ | The Malaysian Insight

Thailand is planning to inject some US$10 billion into the economy to stimulate growth. – EPA pic, August 16, 2019.

THAILAND will pour more than US$10 billion into the economy, the Finance Ministry said today, as a new government looks to kickstart sputtering growth after five years of junta rule. The once-vibrant Southeast Asian economy sagged after a 2014 coup and growth slowed to 2.8% in the first quarter of this year, the first time it dipped under 3% since mid-2015, according to the World Bank.

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