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The Asian Affairs > Latest News > Soft Loan

Tag Archives: Soft Loan

Thailand administration officials
Geo Politics

Thai Government Promises Transparency in $58B Stimulus Package

By Burapha
June 5, 2020
in :  Geo Politics, Thailand

After administration officials promised transparency, the Thai Government unanimously passed a U.S. $58 billion (1.8 trillion baht) stimulus package. The stimulus package is designed to resuscitate an economy expected to contract for the first time since 2009. Above all because of ripple effects from the coronavirus pandemic. Except for a few abstentions, the 250-seat chamber voted in favor of the …

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