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Thailand plans $3.2 billion stimulus next week to ease Coronavirus impact

The measures, to be submitted to a cabinet meeting on Tuesday, will include handouts, soft loans and steps to support the stock market

Reuters  |  Bangkok 

Coronavirus
An employee from a disinfection service company sanitizes the floor of a bus garage in Seoul, South Korea. Reuters

Thailand's finance ministry will propose next week a package of measures worth more than 100 billion baht ($3.2 billion) to alleviate the impact of the epidemic, the finance minister said on Wednesday.

The measures, to be submitted to a cabinet meeting on Tuesday, will include handouts, soft and steps to support the stock market, Uttama Savanayana told reporters.

First Published: Wed, March 04 2020. 16:32 IST
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