Thailand Plans $30.5 Billion Borrowing for Latest Stimulus

Borrowing part of overall 1.9 trillion baht prop for economy
Officials stepping up efforts to counteract looming recession

People wait at a bus stop in Bangkok. — People wait at a bus stop in Bangkok.
Photographer: Andre Malerba/Bloomberg

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By Suttinee (Ying) Yuvejwattana, Randy Thanthong-Knight, and Anuchit Nguyen

April 7, 2020 at 7:42 AM UTC

Updated on

April 7, 2020 at 9:21 AM UTC

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Thailand plans new borrowing of 1 trillion baht ($30.6 billion) for its latest stimulus package to tackle the economic impact of the coronavirus outbreak.