Thailand Approves $748 Million Support Measures Amid Higher Inflation

Thailand Approves $748 Million Support Measures Amid Higher Inflation
A customer inside the Gourmet Market supermarket in Bangkok, Thailand, on May 20, 2017. Jorge Silva/Reuters
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BANGKOK—Thailand’s cabinet on Tuesday approved additional support measures worth 27.4 billion baht ($748.23 million) to ease cost of living pressures and sustain consumption, amid rising inflation, the finance ministry said.

The measures to run during September–October include 21.2 billion baht for 26.5 million people, or 800 baht each, under an existing scheme aimed at supporting consumer purchasing power, the ministry said in a statement.