Core Points - The Thai government has approved a consumption stimulus plan totaling approximately $1.36 billion to boost the weakening economy ahead of elections [1][2] - The "co-payment" plan will provide subsidies for certain food, goods, and services, aimed at increasing consumer spending [1] - The initiative is expected to raise GDP by 0.3 to 0.4 percentage points, benefiting around 20 million eligible Thai consumers [1] Economic Context - Economists predict that Thailand's economic growth will stagnate in the second half of the year due to factors such as export slowdown, tourism decline, and weakened consumption [1] - The Bank of Thailand has been easing monetary policy, recently lowering the key interest rate by 25 basis points to support growth [1] Implementation Details - The "co-payment" plan will be implemented from October 29 to December 31, providing at least 2,000 Thai Baht to most Thai citizens aged 16 and above [2] - There is a cap on the subsidy, with a maximum of 200 Thai Baht per person per day until the allocated amount is exhausted [2]
突发!泰国宣布:救市!
Zhong Guo Ji Jin Bao·2025-10-07 08:55