STIMULUS ON THE CARDS  AMID UNCERTAINTIES

Economy April 08, 2019 01:00

By The Nation

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The Finance Ministry plans to launch stimulus measures to boost the country's economy growth close to 4 per cent this year amid uncertainty over the formation of the next government, Finance Minister Apisak Tantivorawong said. 



 

He said the measures will focus on developing the country's infrastructure and boost domestic consumption during the rest of the year, after the Bank of Thailand revised down the country's economy growth from 4 per cent to 3.8 per cent last week.

"We expect the new measures to boost domestic consumption and investments in the domestic market amid a slowdown in Thai exports due to the ongoing China-US trade war," he said.