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Thailand to roll out next phase of handout scheme in Q2, plans more stimulus

Stimulus,World

From the Center

BANGKOK, Feb 5 (Reuters) - Thailand's government will implement the third phase of its 450 billion baht ($13.4 billion) stimulus scheme in the second quarter of 2025, and will also discuss more measures later this month, a deputy finance minister said on Wednesday. The "digital wallet" handout scheme and other government measures will help spur the economy this year, Julapun Amornvivat told reporters. The digital wallet scheme provides 10,000 baht ($300) each to an estimated 45 million people to spend in their localities within six months. So far about 17.5...

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