Thai Finance Minister eyes 2025 GDP growth of 3.5%, plans more stimulus

CNA11-13 13:59

BANGKOK : Thailand is targeting economic growth of 3.5 per cent in 2025 after 2.7 per cent growth seen this year, and the government will soon consider more stimulus measures and the rollout of ...

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Headline inflation was just 0.26 per cent in January-October, and Pichai said he expected it to be 0.7 per cent to 0.8 per cent for the full year.The government will discuss more economic measures on Nov. 19, including the second phase of its \"digital wallet\" handout scheme, Pichai said, adding it was unclear when payments would be made.The flagship programme will deliver 10,000 baht ($288) each to about 45 million people, a third of which have already received payments. Thailand's industrial sentiment index rose for the first time in three months in October, boosted by stronger tourism and exports as well as government handouts, the Federation of Thai Industries said on Wednesday.Pichai said the government would urge the private sector to invest more and banks to help tackle household debt.He said the contributions banks must pay to the Financial Institutions Development Fund could be lowered to provide more funds for tackling debt issues.($1 = 34.72 baht)","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483941042"}