With Thailand heading into a general election in May, key political parties are promising the nation’s more than 50 million voters almost everything from steep increases in cash handouts and wages to suspending debt repayment.
Pledges from the top nine parties so far will require about 3.14 trillion baht (US$92 billion) per year, after excluding their overlapping policies, according to an analysis by Thailand Development Research Institute (TDRI). The litany of promises from two parties will require 2 trillion baht each per year to implement, the institute said.
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