BANGKOK -Thailand plans stimulus measures in the short term to jumpstart its economy, which is expected to grow just 2.5% this year when it should be expanding at least 3.5% annually, the finance minister said on Monday.
Prime Minister Srettha Thavisin has urged the central bank to cut interest rates to help economic activity, but the central bank has refused to bow to pressure, keeping rates at a more than decade-high of 2.50%. The next interest rate review is on June 12. The government expects revenue to increase by 10 billion baht in the fiscal year from its original projections, he said.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
3 burning finance questions about federal budget 2024Here are some action items you might need to contemplate right now
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Thailand Mulls Up to $3.4 Billion Extra Budget to Finance Cash Handout PlanThailand is working on a supplementary budget that seeks to lift state spending by as much as 122 billion baht ($3.4 billion) as Prime Minister Srettha Thavisin presses ahead with a plan to stimulate the nation’s economy through a cash handout.
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »
Thailand Picks Capital Markets Veteran Pichai as Finance ChiefPrime Minister Srettha Thavisin named capital markets veteran Pichai Chunhavajira as Thailand’s new finance minister in an appointment that may ease tensions between the premier and the central bank over monetary policy.
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »
Thailand Picks Capital Markets Veteran Pichai as Finance Chief(Bloomberg) -- Prime Minister Srettha Thavisin named capital markets veteran Pichai Chunhavajira as Thailand’s new finance minister in an appointment that...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »