Thai gov't releases economic stimulus plan

2008-07-15 07:48:14 GMT       2008-07-15 15:48:14 (Beijing Time)       xinhuanet

BANGKOK, July 15 (Xinhua) -- Thailand's Prime Minister Samak Sundaravej unveiled a new economic stimulus package on Tuesday in a bid to boost economy.

The measures were announced by Samak on national television in the afternoon after he attended a weekly cabinet meeting.

"The package will help ease the burden on the poor who are being hit very hard by soaring oil prices," Finance Minister Surapong Suebwonglee said.

The package, including six main measures, will remain in effect for six months until the government can inject money into the economy via mega projects, Samak said.

The six measures includes reduction of excise charges for gasohol; suspend price adjustment for cook gas; reduction of water charges; reduction of electricity charges; commuters of non-airconditioned buses in Bangkok will avail themselves to free services; all third-class train services in every route nationwide will not charge to passengers since the government will pay the fares on their behalf.

I have comments _COUNT_