News

BoT stresses post-election policy coordination

The Bank of Thailand (BoT) says it is ready to work with the new government on coordinating fiscal and monetary policies now that most stimulus measures introduced during the Covid-19 pandemic are being wound down. Speaking at a monetary policy forum on Wednesday, assistant governor Piti ...

Bangkok Post Reporter

Thai economy to grow 3-4% this year, policy rate to ensure recovery - Finance Minister

Thailand’s economy is expected to expand 3 per cent-4 per cent this year and monetary and fiscal policies must work together to ensure economic growth and stability, the finance minister said on Wednesday.Southeast Asia’s second-largest economy continues to be supported by the vital tourism sector ...

Govt’s struggle to deploy fiscal spending weighs on outlook

Fiscal policy is back in focus in Thailand as the central bank runs out of conventional monetary policy space to spur the economy.With interest rates near zero, the Bank of Thailand (BoT) last week called for “more targeted and timely” government policies to support the ...

Public debt capped at 50% of GDP for fiscal 2021-24

The government vows to cap the ratio of public debt to GDP at 50% in the medium-term fiscal plan for 2021-24.The Monetary and Fiscal Policy Committee, chaired by Prime Minister Prayut Chan-o-cha, on Thursday approved the medium-term fiscal policy framework as required by the Fiscal ...

Chatrudee Theparat

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