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Economy

Thailand unveils $10bn stimulus package to ease trade war pain

Measures support farmers and lower-income earners, help tourism to lift economy

Thailand's economy is expected to slow further due to the impact of the U.S.-China trade war.   © Reuters

BANGKOK -- Thailand's Finance Minister Uttama Savanayana on Friday unveiled an economic stimulus package totaling 316 billion baht ($10.2 billion) to support farmers, lower-income earners and ultimately the entire Thai economy.

The size of the stimulus package will amount to 1.9% of Thailand's gross domestic product.

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