Thailand's parliament approves US$58bil economic package to ease virus impact


Workers in protective suits spray disinfectant inside a movie theater ahead of its reopening after the Thai government eased isolation measures to prevent the spread of the coronavirus disease in Bangkok, Thailand, on Sunday (May 31). - Reuters

BANGKOK: Thailand's parliament passed a 1.9 trillion baht (US$58 billion) economic support package on Sunday (May 31) to ease the impact of the Covid-19 (coronavirus) pandemic.

The legislation, comprising three bills, include a government plan to borrow 1 trillion baht and central bank measures worth another 900 billion baht in soft loans and support for corporate bonds.

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