Thai Government approves economic stimulus plan
The Thai Government’s economic stimulus policy committee led by Prime Minister Paetongtarn Shinawatra has approved a five-point plan to boost national economy in both short-and long-terms, the Government House said on Thursday.
The Thai Government’s economic stimulus policy committee is led by Prime Minister Paetongtarn Shinawatra. Photo courtesy of AFP/VNA.
The five components of the plan are real estate, infrastructure, agriculture, tourism and services, and personal consumption, with an aim to increase citizens’ revenue, reduce cost of living, solve debt problems, and boost investments for the remainder of 2024 and entire 2025.
The Government also aims to use these stimulus measures as a foundation for long-term economic promotion by developing new growth engines, infrastructure, and new economic zones to integrate modern technology with the manufacturing, agricultural and service sectors to support sustainable economic growth, the source said.
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