Thai cabinet approves first tranche of 10,000 baht handout

BANGKOK — Thailand's Cabinet finally approved 10,000 baht ($300) in aid to the poor and disadvantaged next week, with the finance minister predicting the scaled-down initiative will boost consumption in an economy that has grown more slowly than most countries in the region.

The money will be distributed in several stages and the first tranche will be paid to 14.5 million people considered vulnerable.

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