Bangkok, June 25 -- Thailand's Cabinet has approved a stimulus package worth approximately 115 billion THB (around 3.51 billion USD), aiming to bolster economic growth and create millions of jobs across the country.
The package, endorsed on June 24, comprises 481 projects designed to boost GDP by an additional 0.4% and generate temporary employment for about 7.4 million people nationwide.
Thai Deputy Prime Minister and Finance Minister Pichai Chunhavajira said the economic stimulus projects are designed for short-term economic stimulation while enhancing Thailand's competitiveness amid global economic volatility driven by multiple uncertainties. Among the 481 projects, key areas of focus include the development of water resources and co...
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