Thailand Approves $313M Flood Relief
Thailand approved 10.5 billion baht in flood relief and debt suspensions. The measures support victims and businesses following severe seasonal flooding.
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Thailand approved 10.5 billion baht ($312.7 million) in flood relief on Tuesday morning, alongside debt suspensions and soft loans. The package follows an earlier payout of over 5 billion baht for disaster assistance. The funding aims to stabilize an economy facing severe supply chain disruptions after nearly 300 mm of rain hit the capital in September.
