ZAWYA (18.10.2021) Thailand's cabinet on Tuesday approved a further 92 billion baht ($2.76 billion) of relief measures to help boost its flagging economy as the Southeast Asian country deals with its biggest and most prolonged coronavirus outbreak. Thailand earlier this year approved a further 500 billion baht borrowing plan to mitigate the impact of the epidemic. Of the approved support, the government will offer 42 billion baht of cash transfers under an existing co-payment scheme between November and December, spokesman Thanakorn Wangboonkongchana told a news conference. There will be 3 billion baht in e-vouchers for spenders under an existing scheme, about 8.1 billion baht for holders of state welfare cards and about 1.38 billion baht for those with special needs, he said. "Every measure is to stimulate a recovering economy and to help people and business operators," Thanakorn said. The cabinet also approved 37.5 billion baht of stimulus to help smaller firms retain 4.2 million jobs, he said. That is less than an earlier estimated 45.4 billion baht for 5.04 million workers, according to the state planning agency.
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