Thailand announces $58 billion economic measures to mitigate coronavirus impact
Thailand has confirmed 2,258 cases and 27 deaths since the outbreak began in January
FILE PHOTO: A woman wearing a protective mask looks at her phone as she walks on a street, as Thailand imposes a nationwide night curfew from Friday April 3, to try to curb the spread of the coronavirus disease (Covid-19) in Bangkok, Thailand, April 4, 2020. REUTERS/Soe Zeya Tun/File Photo
Thailand's cabinet approved on Tuesday a package of economic measures worth 1.9 trillion baht ($58 billion) to alleviate the impact of the coronavirus outbreak on Southeast Asia's second-largest economy, the finance minister said.
The package includes a law to borrow 1 trillion baht plus central bank measures worth another 900 billion baht in soft loans and support for corporate bonds, Uttama Savanayana told a news conference.
Thailand has confirmed 2,258 cases and 27 deaths since the outbreak began in January.
