New Thai PM proposes digital money handout, energy price cuts in policy statement

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New Thai PM proposes digital money handout, energy price cuts in policy statement

STORY: New Thai PM proposes digital money handout, energy price cuts in policy statement DATELINE: Sept. 12, 2023 LENGTH: 00:01:25 LOCATION: Bangkok CATEGORY: ECONOMY SHOTLIST: 1. various of Thailand's parliament STORYLINE: Thailand's new Prime Minister Srettha Thavisin delivered his government policy statement to parliament on Monday, highlighting immediate measures to drive economy with a digital money handout and energy price cuts. The country's key drivers of growth, including tourism and spending, are experiencing a sluggish recovery, leading to the risk of an economic recession, Srettha told a joint sitting of the National Assembly, adding that stimulus measures are necessary to reinvigorate the economy. "The 10,000-baht (around 280 U.S. dollars) digital money distribution to all areas down to the grassroots level will kick-start the economy, creating jobs and economic activities, while the government will earn revenue," he said. This policy will lay a digital economic foundation for the Southeast

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