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Thailand plans to implement a THB500 billion ($13.8 billion) stimulus scheme through the 2024 and 2025 budgets, providing THB10,000 ($276) to approximately 50 million citizens to boost local spending. The program, a key strategy to revitalize the economy, faces scrutiny for its fiscal responsibility but aims to jumpstart an economy with sluggish growth. The government is expediting disbursements from the 2024 fiscal budget to support economic recovery, with a focus on timely project implementation. Eligible Thais, aged 16 and above, will start registering for the digital wallet scheme in August, signaling a significant effort to address economic challenges and stimulate growth in Southeast Asia's second-largest economy.
- Total News Sources
- 2
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- 1
- Right
- 0
- Unrated
- 0
- Last Updated
- 45 days ago
- Bias Distribution
- 50% Left
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