Thai economy to expand 2.5% this year, finance minister says

FILE PHOTO: Vendors sell pork at their stalls inside a market as Thailand is to inject $15.2 bln into economy next year through its digital wallet policy, in Bangkok, Thailand, October 2, 2023. REUTERS/Athit Perawongmetha/File photo

FILE PHOTO: Thailand's newly appointed Finance Minister and Deputy Prime Minister Pichai Chunhavajira looks on, on the day of the cabinet meeting at Thai Government House in Bangkok, Thailand, May 7, 2024. REUTERS/Chalinee Thirasupa/File photoBANGKOK : Thailand's economy is expected to grow 2.5 per cent this year, but should be expanding at least 3.5 per cent annually, its finance minister Pichai Chunhavajira said on Monday.

Pichai was addressing a media briefing after a meeting of economic ministers chaired by the prime minister. He said stimulus was required to jumpstart the economy and help was needed to boost credit access for small businesses. We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.

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