Thailand's government plans to improve economic growth through better credit access for small businesses and focusing on manufacturing.

Thailand's government is considering measures to improve economic growth, including better credit access for small businesses and a focus on manufacturing. The country's economy expanded at 1.5% in the first quarter, the slowest pace in Southeast Asia. Finance Minister Pichai Chunhavajira has emphasized the importance of credit availability over interest rates and plans to extend loan guarantees for SMEs. The government will also review the inflation target range, which may be too low to help raise product prices.

May 26, 2024
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