BANGKOK: Thai Prime Minister Anutin Charnvirakul’s new government will unveil plans for short-term economic stimulus to boost consumption and help those struggling with heavy debt, racing to broaden support in its next four months in power.
Anutin’s minority government will also seek to stabilise the baht, according to Siripong Angkasakulkiat, a deputy leader of the ruling conservative Bhumjaithai Party. The currency’s recent rally to a four-year high, becoming Asia’s best-performing currency in the past month, has sparked calls for urgent intervention to protect exports and tourism.
