Home Business Thailand approves $3.3 bln stimulus to ease coronavirus impact

Thailand approves $3.3 bln stimulus to ease coronavirus impact

Thailand approves $3.3 bln stimulus to ease coronavirus impact 1

BANGKOK: Thailand’s cabinet on Tuesday approved additional stimulus measures worth 107 billion baht ($ 3.25 billion) in a bid to mitigate the impact of the coronavirus outbreak.

The measures include cash handouts, soft loans, emergency loans, tax breaks, Deputy Prime Minister Somkid Jatusripitak told reporters after a cabinet meeting.

Earlier on Tuesday, Thailand reported 106 new coronavirus cases and 3 more deaths, taking the total to 827 cases and 4 deaths. -Reuters

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