BANGKOK, Thailand – Prime Minister Phatongtarn Shinawatra addressed the press following a Cabinet meeting at Government House on November 19. She shared positive news on Thailand’s economic growth, revealing that the GDP for Q3 had increased by 3%, contributing to an overall 2.3% growth for the first nine months of 2024. The government anticipates a 2.6% GDP growth for the entire year, marking a positive outlook for the Thai economy.
While public sector investment and tourism have been key growth drivers, the Prime Minister emphasized the potential for further growth through increased private sector investment. To accelerate this, she has instructed the Ministry of Finance, the Ministry of Commerce, the National Economic and Social Development Council (NESDC), and other relevant agencies to develop measures to boost private investment, aiming to further elevate the country’s GDP. (PRD)
