Thai government planning more economic stimulus packages

Economists have urged the government to expand the fiscal deficit to up to 600 billion baht, while more stimulus packages are hopefully on course to counter the impact of the Covid-19 outbreak in Thailand.

Secretary to the Council of Economic Ministers, Kobsak Pootrakool, says that the economic ministers would consider extra packages as relief for certain sectors, that were hit hard by the coronavirus pandemic. The government had already implemented 14 measures on March 6, to counter the virus impacts, “but they may not be adequate”, according to Kobsak who is also deputy secretary-general of Political Affairs.

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