FILE PHOTO: Thailand's new Finance Minister and Deputy Prime Minister Pichai Chunhavajira reacts on the day of the cabinet meeting at Thai Government House in Bangkok, Thailand, May 7, 2024. REUTERS/Chalinee Thirasupa/File Photo
FILE PHOTO: Thailand's new Finance Minister and Deputy Prime Minister Pichai Chunhavajira reacts on the day of the cabinet meeting at Thai Government House in Bangkok, Thailand, May 7, 2024. REUTERS/Chalinee Thirasupa/File Photo
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Business & Economy

Thailand minister to propose $3.4 billion stimulus projects to cabinet next week

BANGKOK (Reuters) -Thailand’s finance minister said on Wednesday he would propose projects worth 110 billion baht ($3.4 billion) to the cabinet next week, as the government looks to boost the economy.

The projects are expected to boost GDP growth by 0.4 to 0.5 percentage points, Pichai Chunhavajira told a press conference.

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($1 = 32.60 baht)

(Reporting by Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai; Editing by John Mair)

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