Government's Plan to Boost Economy Through Digital Cash Handouts

Monday, 15 July 2024, 12:40

Thailand's prime minister announces a $13.8 billion handout plan in digital money to stimulate the economy. Eligible businesses and individuals can register from August for this controversial program. The initiative aims to inject much-needed liquidity into the economy and drive growth.
Yahoo Finance
Government's Plan to Boost Economy Through Digital Cash Handouts

Thailand's $13.8 Billion Economic Stimulus

The government of Thailand is set to roll out a digital cash handout program to boost the economy.

Controversial Nature of the Program

The initiative has raised concerns due to its significant cost and impact on the national budget.

  • Boosting Liquidity: The program aims to inject liquidity into the economy.
  • Promoting Growth: It is designed to stimulate economic growth and recovery in the country.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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