3 months Thailand plans at least $7.3 billion stimulus to support economy: finance minister MB |Biz
By Reuters BANGKOK – Thailand is planning a stimulus package worth at least 225 billion baht ($7.3 billion), including providing support for farmers and tourism, its finance minister said on Friday. A farmer plants rice in a paddy field in Thailand’s Nakhonsawan province, August 16, 2015.(REUTERS / Chaiwat Subprasom / MANILA BULLETIN) Southeast Asia’s second-largest economy expanded just 2.8% in the first quarter, the weakest annual pace in more than four years, as exports – a key growth driver – have declined amid rising trade tensions and a strong baht THB=TH. The package – being discussed by finance and economic ... more