Thailand approves 200 billion baht borrowing for consumer subsidies
⢠Thailandâs cabinet approved new borrowing of 200 billion baht, or $6.13 billion, to support a consumer subsidy scheme, Finance Minister Ekniti Nitithanprapas said Tuesday. ⢠The package is part of the governmentâs effort to cushion households from higher costs linked to the Middle East conflict and broader economic pressure. ⢠The decision matters because it shows Bangkok is using fiscal support to stabilize living costs and shore up demand at a fragile moment for the economy.
reuters.com