OPINION

Pheu Thai's cash handouts a likely flop

Oped, Chartchai Parasuk, Published on 24/08/2023

» The title of this article says it all. Pheu Thai Party's flagship economic stimulus policy of handing out 10,000 baht to all Thais aged above 16 years old, with an estimated cost of 560 billion baht, will most likely fail to stimulate (or jump-start) the economy from the recent economic slump.