Two accused teenagers to remain in custody for at least two more weeks | SaltWire #newsupdate #newsBANGKOK - Thai former energy executive Pichai Chunhavajira was named the country's finance minister on Sunday, facing a tough task to revive Southeast Asia's second-largest economy.
Gross domestic product unexpectedly shrank in the final quarter of 2023 from the third, while growth last year slowed to 1.9% from 2.5% in 2022. The state planning agency in February cut its 2024 growth forecast to between 2.2% and 3.2% from a previous 2.7%-3.7% projection. The government, rejecting that criticism, is forging ahead with the scheme, although the central bank recommends it be targeted only towards vulnerable groups.
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