Thailand's Economy to Get Boost from Rate Cut, Says Finance Minister
2025-02-24
MSN
Thailand's finance minister, Pichai Chunhavajira, announced on Monday that a cut in interest rates would provide a significant boost to the country's economy. With low inflation rates, there is ample room for a rate cut, which would also help to weaken the baht currency. Furthermore, the minister emphasized the importance of banks increasing lending to stimulate economic growth, highlighting the need for a coordinated effort to drive Thailand's economic expansion. This move is expected to have a positive impact on the country's financial landscape, with economic growth and monetary policy being key areas of focus. By implementing such measures, Thailand aims to maintain its competitiveness in the global market.
