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Thai economy to expand 2.5% this year, finance minister says

Published 05/27/2024, 07:18 AM
Updated 05/27/2024, 07:20 AM
© Reuters. FILE PHOTO: Vendors sell pork at their stalls inside a market as Thailand is to inject $15.2 bln into economy next year through its digital wallet policy, in Bangkok, Thailand, October 2, 2023. REUTERS/Athit Perawongmetha/File photo

© Reuters. FILE PHOTO: Vendors sell pork at their stalls inside a market as Thailand is to inject $15.2 bln into economy next year through its digital wallet policy, in Bangkok, Thailand, October 2, 2023. REUTERS/Athit Perawongmetha/File photo

BANGKOK (Reuters) - Thailand's economy is expected to grow 2.5% this year, but should be expanding at least 3.5% annually, its finance minister Pichai Chunhavajira said on Monday.

Pichai was addressing a media briefing after a meeting of economic ministers chaired by the prime minister. He said stimulus was required to jumpstart the economy and help was needed to boost credit access for small businesses.

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