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

Quick Summary:

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 phase two of its $14 billion handout scheme, the finance minister said on Wednesday.

Pichai said the government would urge the private sector to invest more and banks to help tackle household debt.

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.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeThailand

Topics: Debt 2025 Pichai Eyes Minister Growth Government Cent Thailand Finance Thai

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 13:59:18 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 564 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Channel News Asia

News ID: 23566229

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 7 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 2 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions