Thailand Issues Third COVID-19 Stimulus Package

On April 7, 2020, the Thai government issued its third stimulus package worth 1.9 trillion baht (US$58 billion) to mitigate the economic impact caused by the COVID-19 outbreak.

This latest package, named Phase 3, is equivalent to 10 percent of GDP. 1 trillion baht (US$30 billion) was provided through bond issuance and 900 billion baht (US$27.8 billion) from the central bank, Bank of Thailand (BOT).

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Additional Info

Field Value
Document type Archived web content
Language of document
  • English
Topics
  • Economic policy and administration
  • Pandemics
Geographic area (spatial range)
  • Thailand
Copyright To be determined
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The website is https://www.aseanbriefing.com/news/thailand-issues-third-covid-19-stimulus-package/. Archiving this web page is for the future accessibility and reference.

Version / Edition 2020
License Creative Commons Attribution Share-Alike
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Author (individual) Ayman Falak Medina
Publication place Indonesia
Publisher ASEAN Briefing
Publication date 2020
Keywords COVID-19,Stimulus package,Economic relief,Measures
Date uploaded September 17, 2020, 07:08 (UTC)
Date modified September 17, 2020, 07:09 (UTC)