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Govt plans Bt1.7 trillion package for economic bailout

Govt plans Bt1.7 trillion package for economic bailout

April 03, 2020

In a move to cushion the economy which has been severely disrupted by the Covid-19 outbreak, the government plans to launch an extra large stimulus package worth about Bt1.7 trillion. The Bank of Thailand will also roll out additional soft loans, purchase corporate bonds and expand the insurance coverage of deposits. 

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