Dec 21, 2023
Thai 2024 budget delayed until May, government proposes tax deduction bonanza
Thailand's 3.48 trillion baht budget for 2024 is delayed until May due to political issues. To boost the economy, the government proposes a tax deduction bonanza and a 10,000-baht handout to 50 million people. The economy is struggling with slow growth and faces a grim outlook.