Thailand Goes Ahead With Controversial $14 Billion Cash Handout to Prop Economy
Thailand unveiled a $14 billion cash handout to jumpstart its economy, trimming the size of the planned stimulus only slightly despite warnings from some economists and former central bankers that the outlay may stoke inflation and widen fiscal deficit. The so-called digital wallet program will cover 50 million people with each receiving 10,000 baht ($280) … Read more