Thailand's PM announces economic revival plan with cash handouts, legalizing casinos, and a digital wallet initiative.

Thailand's Prime Minister Paetongtarn Shinawatra has announced a comprehensive economic revival plan aimed at addressing high household debt, rising living costs, and stagnant incomes. Key proposals include distributing 450 billion baht ($13.4 billion) in cash handouts, legalizing casinos, and implementing a 'digital wallet' initiative. Despite concerns over fiscal responsibility, the government asserts these measures are essential for economic growth, projected at 2.6% this year.

September 11, 2024
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