Thailand plans $572 million stimulus spending and will compensate border conflict casualties

FILE PHOTO: Thailand's Deputy Finance Minister Julapun Amornvivat looks on as he speaks to media after a cabinet meeting at the Government House, in Bangkok, Thailand, July 8, 2025. REUTERS/Chalinee Thirasupa/File Photo

BANGKOK (Reuters) -Thailand will spend 18.5 billion baht ($572 million) on stimulus measures to support the economy as it braces for the impact of U.S. tariffs, and will compensate families of those who died in last month's border conflict, officials said on Tuesday.

The stimulus measures approved by cabinet are aimed at enhancing economic competitiveness and supporting student loans, Deputy Finance Minister Julapun Amornvivat told reporters.