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Tuesday, May 7, 2024

Thailand’s Government Takes Fiscal Steps to Spur Economic Growth

The pandemic situation and problems that are caused by the coronavirus pandemic seem to be hard to overcome for Thailand and many other countries. One of the major problems for Thailand’s government and other countries is the risk of economic collapse.

The government of Thailand plans to take some steps to make its economy grow. The Thai Government is working on the fiscal steps which will be implemented if the economic growth rate falls below the present forecast.

The main reason for the economy falling, according to Thailand’s Finance Ministry, is the current outbreak of coronavirus cases and the fact that public vaccination is delayed.

The present general director of Thailand’s Fiscal Policy Office, Kulaya Tantitemit, in an interview in Bangkok, said that the state’s government will do everything to recover the economy and will take those steps that are necessary for…

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