East Asia

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

BANGKOK : Thailand’s economy is expected to grow 2.5 per cent this year, but should be expanding at least 3.5 per cent 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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