March 24, 2020 / 7:33 AM / 5 days ago

Thailand approves $3.3 bln stimulus to ease coronavirus impact

BANGKOK, March 24 (Reuters) - Thailand’s cabinet on Tuesday approved additional stimulus measures worth 107 billion baht ($3.25 billion) in a bid to mitigate the impact of the coronavirus outbreak.

The measures include cash handouts, soft loans, emergency loans, tax breaks, Deputy Prime Minister Somkid Jatusripitak told reporters after a cabinet meeting.

Earlier on Tuesday, Thailand reported 106 new coronavirus cases and 3 more deaths, taking the total to 827 cases and 4 deaths. ($1 = 32.90 baht) (Reporting by Kitiphong Thaichareon; Satawasin Staporncharnchai and Orathai Sriring; Editing by Louise Heavens)

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