Thailand Expects Over 3 Percent Growth on New Investment

Finance Minister Ekniti Nitithanprapas expects growth to top 3 percent as investments rise. The central bank will keep rates steady to support recovery.

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Thailand Finance Minister Ekniti Nitithanprapas expects GDP growth to exceed 3% within two years as new investments rise 18% annually. First-quarter investments reached 260 billion baht, while investment applications hit 1 trillion baht. The economy expanded 2.4% last year, lagging regional peers since the pandemic.

Investment Surges as Rates Hold Steady

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