Thailand: Govt talks up stimulus package

  • A raft of stimulus measures have been proposed by the Finance Ministry to stimulate domestic spending and investment. The measures are also aimed at helping the farming and tourism sectors.
  • The government is also finding ways to increase financial liquidity for SMEs struggling in this climate.
  • The government estimates that if are carried out successfully, these measures will generate a cash flow of more than THB100bn. They will be implemented in 3Q19 and 4Q19, when a slowdown of the economy is predicted.

External Link : https://www.bangkokpost.com/business/1730871/govt-talks-up-stimulus-package

16-Aug-2019