Thailand to Begin Phase 2 of ‘Digital Wallet’ Stimulus in January

Quick Summary:

The Pheu Thai government has also promised to introduce debt relief measures and additional stimulus programs in a bid to kick start the economy.

According to Thai government figures, there have been more than 29 million foreign arrivals so far in 2024, putting Thailand on target to exceed its yearly target of 36.7 million.

Thailand’s economy, the second-largest in Southeast Asia, has shown signs of recovery that suggest the stimulus measures and other government efforts to revive the economy are finally beginning to have an impact on the balance sheet.

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Article Details

Author / Journalist: Sebastian Strangio

Category: Economy

Markets: United StatesChinaIndonesiaJapanNorth KoreaSouth KoreaKyrgyzstanMyanmarThailand

Topics: Pheu Minister Thai Finance Measures Bank Government Payments Economy Million Stimulus

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 09:00:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 1664 words

Reading Time: 10 minutes read

Sentences: 64 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 23876550

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