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Thai Economy at the Crossroads

Thai Baht

Despite remedies at home and encouraging signs abroad, the Finance Minister warns that Thailand cannot afford to be complacent.

Even with Bt50b of the central budget used, short-term interest rates cut to historic lows and the United States’ economy picking up, the Thai government is not sure whether these factors are sufficient to steer economic recovery.

It hopes that the implementation of the investment budget over the next three years will help sustain improving economic signs, which nudged up from a slump in the second quarter, says Finance Minister Korn Chatikavanij.

Source: Bangkok Post

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