Thai PM sticks by signature stimulus plan amid calls for scale-down

BANGKOK -Thailand's prime minister stuck largely to his government's signature stimulus policy on Friday in the face of mounting criticism, seeking to allay concerns about inflation and a possible adverse fiscal impact on Southeast Asia's second-largest economy. After a review of his controversial 560 billion baht ($15.66 billion) "digital wallet" policy amid calls for it to be scaled down, premier Srettha Thavisin reduced the size of the package to 500 billion baht. READ: Thailand to inject $15.2B into economy through digital wallet plan -- PM The funds will be split between 50 million Thais, excluding only high-earners from a scheme aimed at stimulating a sluggish economy....

Keep on reading: Thai PM sticks by signature stimulus plan amid calls for scale-down

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