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United States Thailand could adjust fiscal budget to accommodate $13.7 billion handout scheme, official says
31 Mar 2024
MarketScreener
There will good news ahead for Thailand's 500 billion baht handout scheme, for which the current fiscal budget could be adjusted to accommodate, a deputy finance minister said on Friday....
BANGKOK (Reuters) - There will good news ahead for Thailand's 500 billion baht ($13.71 billion) handout scheme, for which the current fiscal budget could be adjusted to accommodate, a deputy finance minister said on Friday.
Julapun Amornvivat did not say what the good news would be. The "digital wallet" handout plan, a key campaign promise of the ruling party, entails giving 10,000 baht ($274.20) to 50 million Thais to spend in their communities but has been delayed over funding issues.
($1 = 36.4700 baht)
(Reporting by Orathai Sriring and Kitiphong Thaichareon; Editing by)
