Thai government measures, budget bill to help economy weather coronavirus: central bank chief

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Thai government measures, budget bill to help economy weather coronavirus: central bank chief
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The Thai government's support measures and the passage of a delayed budget ...

BANGKOK - The Thai government’s support measures and the passage of a delayed budget bill will help ease the economic blow from a new coronavirus, the country’s central bank governor said on Tuesday.

It will take some time to assess the overall impact of the virus outbreak, which is hitting tourism and supply chains, Bank of Thailand Governor Veerathai Santiprabhob told reporters. A 3.2 trillion baht budget bill for the current fiscal year, delayed since Oct. 1, was approved last week by parliament and senate.

“Steps by the government to support business operators and workers will also help alleviate the impact,” he said following the launch of interoperable QR payment between Thailand and Cambodia.

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