PM Announces Delay in 10,000 Baht Phase 2 Economic Stimulus Initiative.

Bangkok: Prime Minister Paethongtarn Shinawatra has disclosed that the proposal to distribute 10,000 baht in the second phase of the economic stimulus initiative has not yet been presented to the Cabinet for approval. She emphasized the need for thorough legal review before proceeding. According to Thai News Agency, the Prime Minister highlighted that the 10,000 baht distribution, aimed at boosting the economy through support to the elderly, requires meticulous examination to ensure compliance with legal standards. She assured that there are no significant problems but noted that the Ministry of Finance is currently in the process of reviewing the proposal's details. The Prime Minister's announcement comes as part of the government's broader economic stimulus strategies planned for 2024. The delay in presenting the proposal to the Cabinet underscores the administration's commitment to adhering to legal protocols in implementing economic measures.