Thailand announces big stimulus to boost economy

MLADEN ANTONOV / AFP

Thailand is planning a massive stimulus package to boost its economy.

The country’s finance minister has announced that more than USD $10 billion (AED 36.7 billion) will in injected into various sectors. 

The package will include support for farmers and tourism.

Thailand, which is Southeast Asia's second-largest economy, is targeting GDP growth of at least 3 per cent this year and 3.5 per cent in 2020.

More from Business

Coming Up on Dubai Eye

  • The Music Mix

    9:00pm - 11:00pm

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

  • The Music Mix

    11:00pm - 6:00am

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!