The Finance Ministry has drawn up 17 key policy initiatives for the year including reducing informal lending, expanding access to credit and overhauling the country’s tax system. Finance Minister Korn Chatikavanij, speaking on the ministry’s 2010 policies, said it was time to focus on strengthening the country’s fundamentals and pave the way for long-term growth as the global economic crisis was receding. The ministry forecast the economy will grow by about 3.3% this year. Higher growth is possible through improved political stability, efficient disbursement of the Thai Khem Khaeng infrastructure investment programme and a speedy resolution to the dozens of suspended industrial projects at Map Ta Phut in Rayong.
Finance Ministry sets 17 goals
All posts byThaiVest Editorial Team
Leave a reply
You Might Also Like
Thailand Retirement Ranking Improving
Joe MillerDecember 5, 2022
To see the Thailand Retirement Ranking improving delighted the Thai Prime Minister Prayut Chan-o-cha said government spokesman Anucha Burapachaisri. In...
Thai Stock Market Analysis May 9, 2022: How Much Lower Will the the SET fall?
Joe MillerMay 9, 2022
Ugly Trading Session Leaves Thai Stock Market Index in Murky Waters The Thai stock market had recently done remarkably well...
Thailand Economic Recovery Dwindling
Joe MillerDecember 7, 2020
Exports Decline Across the Board Merchandise exports in Thailand based on balance on payments contracted by 5.6% year-on-year in October...