Finance Minister: Fiscal, monetary policy to underpin recovery
NESDC expects economy to grow no less than 3%
The general atmosphere of Khao San Road, Bangkok, on March 16, 2022. (Photo: Wichan Charoenkiatpakul)
Thailand’s fiscal position remains stable and its monetary and fiscal policies are calibrated to support recovery in Southeast Asia’s second-largest economy amid various challenges, Finance Minister said Arkhom Termpittayapaisith on Thursday.
This year’s growth will be driven by government spending, and exports, which are expected to rise by 5% to 10% this year, Mr Arkhom told a news conference.
The fiscal position remains stable with sufficient funds to aid the economy, while liquidity in the banking system is ample at as much as 3 trillion baht…
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