BANGKOK, Nov 21 (Reuters) – The Thai economy is very stable and government stimulus measures will give growth a boost in the final quarter of 2025, the finance minister said on Friday.
Inflation and unemployment were low, Ekniti Nitithanprapas told a business forum, adding the government will keep the public debt ratio below 70% of gross domestic product.
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The government is also planning a package of measures to support smaller businesses, including soft loans, he added.
Southeast Asia’s second-largest economy, which has lagged peers since the pandemic, has faced multiple headwinds this year, including U.S. tariffs, high household debt, and a strong baht .
Economic growth was just 1.2% on an annual basis in the third quarter, the weakest pace in four years.
Reporting by Thanadech Staporncharnchai and Orathai Sriring; Editing by Martin Petty and John Mair
Finance minister says Thai economy is stable, sees Q4 growth picking up
