It’s a case of “same-same but different,” as a saying popular with locals and tourists goes. Thailand’s parliament approves $58 bln economic package to ease virus impactThailand’s parliament passed a 1.9 trillion baht ($58 billion) economic support package on Sunday to ease the impact of the coronavirus. Of the 1 trillion baht of borrowing, 600 billion baht will be for public heath works and relief measures, and the rest for rebuilding the economy and job creation. Thailand began this month to gradually ease some restrictions introduced to contain the virus. Thailand’s central bank has said it expects the economy to sharply contract this year as the pandemic hit businesses and households.

Source: Hindustan Times June 01, 2020 10:15 UTC