Thailand’s Senate approved a 122 bln baht (USD 3.4 bln) supplemental budget, mainly to finance the government’s digital wallet stimulus program, which aims to provide a one-time cash handout of 10,000 baht to most Thais aged 16 and over. Separately, Thailand’s annual inflation increased to 0.83% in July 2024, up from 0.62% in June, still below the central bank’s target range of 1% to 3%.