Summary
- Thailand will accelerate its investment spending and set a new target for economic growth this year.
- The government aims to disburse at least 70 per cent of the investment budget within the current fiscal year.
- Stimulus measures are planned to jumpstart the economy, which is expected to grow only 2.5 per cent this year.
- With the economy growing at 1.5 per cent in the first quarter, the government is seeking to boost growth to at least 3.5 per cent annually.