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.

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