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FPO: export and private consumption pickup enables a turnaround of Thai economy in Jan. 2020, yet harmed by Covid-19
The Fiscal Policy Office (FPO) revealed that Thai economy showed recovery in January 2020, thanks to improved export and private consumption, especially in durables: vehicle sales and the number of newly registered motorcycles rose; farm produce price rise boosted agricultural revenue.
March02,2020
Year-end economic stimulus to drive Thai GDP growth to 3 percent and influx of foreign hot money is the main reason of Thai baht's appreciation, says "Kobsak"
Thai government will stick at the GDP growth for this year of 3 percent, considering this target suitable, and at the same time, it may introduce more stimulus measures later, which depends on whether the global economy will deteriorate.
October12,2019
A monetary and fiscal committee formed to shore up Thai economy
Deputy Prime Minister Somkid Jatusripitak said after the parties under the coalition government and relevant agencies held discussions, the government decided to set up a monetary and fiscal committee to support Thai economy amid the economic volatility.
August09,2019
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