BANGKOK, Dec 11 (TNA) – Several government stimulus
packages are interconnected to support the slow economy and lay foundation for
solid economic recovery, says Thai Finance Minister Uttama Savayanaya.
Speaking at a seminar titled “Go Thailand” on Wednesday,
Uttama said the Thai economy, like all economies, was not immune to negative
external factors causing lower exports and domestic spending.
The Ministry expected Thailand’s GDP to grow 2.4-2.6 percent
this year, he said.
Uttama said he believed the stimulus packages to keep the
economy in shape and promote growth when the impacts of global slowdown
subside, probably next year.
The Minister made the reference to many stimulus packages
designed to help boost the grass root economy, cut farmer’s costs and increase
property sales.
“Each measure could not solely address the problem but work
together to sustain growth,” he said, adding that, in timely manner, more
packages would be rolled out.
Uttama said the Ministry projected Thailand’s GDP to grow
2.7-3.7 percent next year.(TNA)
