The cash handout was a flagship campaign promise of the Pheu Thai Party.
Almost 30 million Thais have already registered to receive the cash gift of 10,000 baht , ahead of the planned start of implementation in November.
The cash handout was a flagship campaign promise of the Thaksin-backed Pheu Thai party and the centrepiece of Mr Srettha’s push to help the economy grow annually at 5 per cent, like many of the country’s South-east Asian neighbours. When asked about it by reporters on the eve of her nomination as PM, Ms Paetongtarn only said she would review the programme after she took power.
Growth in South-east Asia’s second-largest economy has averaged below 2 per cent in the past decade, hobbled by massive household debt and a deteriorating manufacturing sector handicapped by cheap imports mostly from China.
Singapore Latest News, Singapore Headlines
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