Call for more stimulus to help economy
Thailand needs new government measures to stimulate the economy next year, easing the impact from the delay in budget allocation for fiscal 2024, says the Federation of Thai Industries (FTI).
Fiscal 2024 started on Oct 1, 2023, but the Srettha Thavisin administration has yet to finalise its budget plan for the new fiscal year, in part because of a lengthy process to form a coalition government following the general election in May. The allocation of a new budget, which is crucial for government spending to support state projects, is expected between April and May next year.
Bangkok Post Reporter
