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Cabinet approves Bt115bn for 481 short-term economic stimulus projects

Cabinet approves Bt115bn for 481 short-term economic stimulus projects

11 Sept 09:40 Key points summarised by AI
  • The cabinet approved 481 short-term economic stimulus projects, allocating Bt115 billion to boost economic growth by 0.4% and create 7.4 million temporary jobs across Thailand.
  • These initiatives aim to enhance Thailand's competitiveness amidst global uncertainties, covering vital sectors like water resource and communication infrastructure, tourism promotion, and export impact mitigation.
  • Key investments include Bt85 billion for infrastructure, benefiting over 900,000 households with improved water access and creating 70,000 monthly jobs, alongside Bt10 billion for tourism to attract an additional 2.7 million visitors.
  • Further funding allocates Bt11 billion to mitigate export impacts and increase productivity, and Bt9 billion to strengthen community-based economies, directly supporting farmers and local development.
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