Regarding exports, Arkhom said they have gained positive sentiment from a weakening baht – compared to the previous year – and demand for consumer goods, especially food and agricultural products.
As for domestic expenses, he believed these would increase once the economy recovered. He also expected inflation to hit a peak in the third quarter before falling in the fourth.
Meanwhile, the government has launched the fifth phase of the “Khon La Khrueng” (Let’s Go Halves) shopping subsidy scheme in a bid to boost domestic expenses as the economy starts to recover, Arkhom said.
“The scheme will benefit the grass-roots economy, such as food outlets and fresh markets,” he said, adding that there are also measures to mitigate the impact of rising energy prices.
Concerning investment, the minister said the budget bill for fiscal year 2023 would come into effect on October 1…
