Pichai sees B3tn for stimulus funds

Quick Summary:

The government has a budget of up to 3 trillion baht available for economic stimulus over the next four years, says Finance Minister Pichai Chunhavajira.

However, to attract investment to the country, Thailand needs to enhance essential infrastructure and reduce logistics and energy costs, said Mr Pichai.

To increase domestic investment, the government has been using the state budget to transition from outdated investment platforms to new ones that leverage advanced technology, he said.

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Article Details

Category: EconomyBusiness

Markets: ThailandCambodiaChina

Topics: Trillion Economic Debt Baht Government Investment Land Years Fiscal Growth Pichai

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 05:18:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 767 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23577719

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Official Website: bangkokpost.com

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