Thailand approves $1.4 billion in additional stimulus to boost consumption

[webfact]

Thailand approves $1.4 billion in additional stimulus to boost consumption

 

FILE PHOTO: Cars pass a Skytrain (Bangkok Mass Transit System) construction site in Bangkok, Thailand May 13, 2018. REUTERS/Soe Zeya Tun

 

BANGKOK (Reuters) - Thailand on Tuesday approved an additional 43.13 billion baht ($1.43 billion) in stimulus measures to boost consumption spending and domestic travel in the Southeast Asian country, an official said.

 

The cabinet approved the second phase of stimulus measures whereby 15 million people will be eligible for subsidies of 500 baht to 3,500 baht, government spokesman Anucha Burapachaisri told a news briefing.

 

The budget for the second phase is about 22.5 billion baht.

 

An additional 20.6 billion was approved welfare support for 13.75 million people to increase local spending in provincial areas.

 

(Reporting by Satawasin Staporncharnchai, writing by Chayut Setboonsarng; Editing by Ed Davies)

 

-- © Copyright Reuters 2020-12-08

 

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[hotchilli]

18 hours ago, webfact said:

Thailand approves $1.4 billion in additional stimulus to boost consumption

Which variety are they talking about?

noun

1 .

the using up of a resource.

"industrialized countries should reduce their energy consumption"

 

 

1. a wasting disease, especially pulmonary tuberculosis.

   "his mother had died of consumption"

[foreverlomsak]

9 minutes ago, hotchilli said:

Which variety are they talking about?

2 common garden varieties for consumption are Chang and Leo, but I don't think that is what they mean though

[PETERTHEEATER]

Will that be in Yuan or Remimbi?????