Thailand's Prime Minister proposes a $102B budget for 2025 to stimulate the nation's economy.
Thailand's Prime Minister, Srettha Thavisin, has proposed a $102 billion (3.753 trillion baht) budget for 2025 to revive the nation's economy and achieve its full potential growth. The Thai economy, Southeast Asia's second-largest, is projected to grow between 2.5% and 3.5% in 2025, with inflation expected to range from 0.7% to 1.7%. The proposal was presented to parliament as lawmakers began a three-day debate on the budget.
June 19, 2024
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