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PM scraps 2,000 baht giveaway plan

PM scraps 2,000 baht giveaway plan

13 Sept 09:49 Key points summarised by AI
  • Prime Minister Prayut Chan-o-cha ordered the cancellation of the 2,000 baht cash handout plan for low-income earners, which was intended to ease hardship amidst economic slowdown and COVID-19.
  • The proposed cash giveaway, part of an economic stimulus package, faced strong criticism from economists and the Opposition for being a waste of taxpayer money and ineffective, prompting the government to consider alternative measures like tax breaks and financial support for SMEs.
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