March 4, 2020 / 9:06 AM / a month ago

Thailand plans $3.2 billion stimulus to ease coronavirus impact next week - FinMin

A woman wearing a protective face mask walks in Bangkok, Thailand March 2, 2020. REUTERS/Chalinee Thirasupa

BANGKOK (Reuters) - Thailand’s finance ministry will propose next week a package of measures worth more than 100 billion baht ($3.2 billion) to alleviate the impact of the coronavirus epidemic, the finance minister said on Wednesday.

The measures, to be submitted to a cabinet meeting on Tuesday, will include handouts, soft loans and steps to support the stock market, Uttama Savanayana told reporters.

Reporting by Kitiphong Thaichareon, Writing by Orathai Sriring; Editing by xxxx

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