Thailand’s economic stimulus board approves 110 billion baht central budget to boost GDP by 0.4%

Liquidity crisis or shortage of cash on the ground is shrinking Thailand’s economic growth prospects - Thai Examiner

Thailand faces a growing economic crisis as credit dries up, exports rely on Chinese goods and tourism declines. With GDP at risk of falling below… Read More › The post Liquidity crisis or shortage of cash on the ground is shrinking Thailand’s economic growth prospects appeared first on Thai Examiner.

Thailand’s economic stimulus board approves 110 billion baht central budget to boost GDP by 0.4%

Thailand’s Economic Stimulus Board approves 110 billion baht to boost GDP by 0.4%, focusing 73% on infrastructure and driving nationwide development. BANGKOK, Thailand – The Economic Stimulus Policy Board, chaired by the Prime Minister, has approved a central budget allocation of 110 billion baht from a total budget framework of 157 billion baht. The fund aims to stimulate Thailand’s economic growth with an expected increase in GDP of approximat…