Stimulus package deferred by weekSuvarnabhumi airport suffers as the coronavirus spread shakes confidence of air travellers. (Photo by Wichan Charoenkiatpakul)A fresh relief package for the tourism sector, earlier slated to seek cabinet approval today, will be deferred probably until next week as further information is needed, says a source at the Finance Ministry who requested anonymity. It is not the right time to launch tourism stimulus measures as people remain in a panic, the source said. A tourism stimulus package will be unveiled after the Covid-19 spread is contained. If economic growth momentum runs out of gas, the Finance Ministry plans to borrow to finance additional measures, the source said.

Source: Bangkok Post March 02, 2020 11:03 UTC