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Thailand unveils US$2.2 billion coronavirus stimulus, a day after Finance Minister Predee Daochai’s surprise resignation

Thailand on Wednesday announced 68.5 billion baht (US$2.2 billion) worth of fiscal stimulus in cash handouts and job measures to support Southeast Asia’s second-largest economy, which has been battered by the coronavirus pandemic.It comes one day after the surprise resignation of newly-appointed Finance Minister Predee Daochai, which Thailand’s prime minister said earlier would not affect economic policy or investor confidence.Thai royalists gather to defend monarchy amid pro-democracy…

Read the original article at South China Morning Post

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