Thailand passes record US$60 billion stimulus package | The Malaysian Insight

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Thailand passes record US$60 billion stimulus package | The Malaysian Insight
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Thailand passes record US$60 billion stimulus package

People walking in front of a giant mouse distributing hand sanitiser in a shopping mall in Bangkok today. Thailand's Parliament approved a US$60 billion stimulus package, the kingdom's biggest-ever cash injection, to revive an economy that has been hammered by the coronavirus. – AFP pic, May 31, 2020.

THAILAND’S Parliament today approved a near-US$60 billion stimulus package, the kingdom’s biggest-ever cash injection, to revive an economy that has been hammered by the coronavirus. The 1.9 trillion baht package would be a much-needed boost for Southeast Asia’s second biggest economy, expected to contract by 6-7% this year.

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