Thai finance ministry mulls handouts for farmers World

Thai finance ministry mulls handouts for farmers

Thailand’s Ministry of Finance met on April 9 to hash out details of a planned cash handout for almost 9 million farmers to inject liquidity into the economy amid the slowdown brought on by the COVID-19 outbreak.
Thailand at risk of economic depression in H1 due to COVID-19 World

Thailand at risk of economic depression in H1 due to COVID-19

Thailand is on course for an economic recession in the first half of this year, with its 2020 GDP being forecast to decrease 0.3 percent from the previous 1.8 percent as a result of the COVID-19 outbreak, according to the Siam Commercial Bank’s Economic Intelligence Centre (EIC).
Thailand seeks borrowings to fund state projects World

Thailand seeks borrowings to fund state projects

Borrowing will be the largest funding source for the Thai government’s 20 infrastructure projects, providing 60 percent of the total value of 1.7 trillion THB, said Finance Minister Apisak Tantivorawong.