Thailand seeks balance between growth and debt - OBG

Thailand seeks balance between growth and debt

The Thai government has unveiled a new package of measures aimed at promoting economic activity and maintaining growth at up to 5%, though opinions are mixed whether the stimulus programme will be able to meet its targets, or even whether it is warranted in the current economic climate.
On August 6, the Thai cabinet ratified a series of new measures designed to boost private consumption, investment, exports and public sector spending. The steps to foster growth include government support to promote energy efficient appliances; a fast-tracked depreciation programme for assets held by the tourism industry; ... Read more.

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