Pheu Thai vows to boost GDP

The Pheu Thai Party is pledging to boost the nation’s gross domestic product (GDP) growth to 5% if it wins the mandate to form a government after the next election.

Adviser to the head of the “Pheu Thai Family”, Srettha Thavisin, and the head of Pheu Thai’s economic committee, Prommin Lertsuriyadej, met with representatives of the Thai Chamber of Commerce (TCC) and the Board of Trade of Thailand yesterday to discuss the party’s economic and fiscal policies.

After the meeting, Mr Srettha said the party would stick with economic approaches which had brought them success in past polls, such as cash handout programmes.

In addition, the party is planning to roll out a digital wallet for Thais aged over 16 years old, through which eligible citizens can access state subsidies and allowances which could be spent on certain goods and services, such as agricultural…