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Thailand expects to distribute 140 billion of baht in handouts in Q2 next year

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Published Wed, Nov 20, 2024 · 12:34 PM
    • About 14.5 million have so far received their payments of 10,000 baht (S$388.30), of an estimated 45 million who are expected to be take part in the government’s signature stimulus scheme.
    • About 14.5 million have so far received their payments of 10,000 baht (S$388.30), of an estimated 45 million who are expected to be take part in the government’s signature stimulus scheme. PHOTO: EPA-EFE

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    THAILAND expects to conduct the third phase of its cash handout programme in the second quarter next year, during which 140 billion baht (S$5.4 billion) will be distributed, a deputy finance minister said on Wednesday.

    Stimulus measures will help the economy grow 3 per cent next year, Julapun Amornvivat said, adding that full-year growth in 2024 will not exceed 2.8 per cent. About 14.5 million have so far received their payments of 10,000 baht (S$388.30), of an estimated 45 million who are expected to be take part in the government’s signature stimulus scheme. REUTERS

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