Thailand's government plans to launch a $14B cash handout scheme in Q4, transferring $275 to 50M Thais to boost the economy.

Thailand's government will launch a $14 billion cash handout plan, initially delayed, in the final quarter of this year. The scheme, worth 500 billion baht, will transfer 10,000 baht ($275) to 50 million Thais to boost the country's economy. Concerns over funding have persisted, with some calling the plan fiscally irresponsible. The program will be finalized on April 10 and is expected to be approved by the end of April.

March 25, 2024
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