Thailand Prime Minister Srettha Thavisin has a simple but pricey solution to the country’s economic woes: Give everyone cash. Thailand has a simple plan to boost its pandemic-hit economy.
It will give $275 to about 50 million people, more than two-thirds of the population.
The prime minister said the program would cost $13.7 billion and stimulate a struggling economy. Thailand is the latest country to experiment with a cash handout program, hoping it will help its economy recover from a pandemic-induced slump.Prime Minister Srettha Thavisin said the program — called "Digital Wallet" — will offer payments of 10,000 baht, […]
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