The Deputy Spokesperson of the Prime Minister’s Office reveals that the Prime Minister is pleased that Thailand’s GDP in the third quarter of 2022 is growing another 4.5 percent, speeding up the process of distributing investment budgets. Managing exports to meet global economic challenges ready to sustain continuity in solving household and SME debt problems
Today (November 22), Ms Traisulee Traisonrakul, Deputy Spokesperson of the Prime Minister’s Office, said that Gen. Prayut Chan-o-cha, the Prime Minister and Minister of Defense, satisfied with the economic growth in the third quarter of 2022. good at 4.5 percent, which is a continuous expansion from the 1st-2nd quarter of 2.3 and 2.5 per cent, respectively, and surrounding factors including tourism, investment, private consumption and the continued recovery of industrial production, the Office of the National Economic and Social Development Council (NESDB) expects the economy, throughout 2022, to growing 3.2 per cent from 1.5 per cent in 2021.
The Prime Minister confirmed that the government will implement various policies. ensure the continuation of economic growth for all groups of people to thoroughly benefit from this expansion and resolve issues that are still problems and obstacles, such as the allocation of the government’s investment budget which NESDB has suggested is still delayed and that it must be accelerated in order for the money to enter the economy.
Ms Traisulee said the Prime Minister will continue to focus on policies to solve the debt problems of households and small and medium businesses. with different measures in relevant agencies whether the Ministry of Finance The Bank of Thailand (BOT) in collaboration with public and private financial institutions is currently helping debtors. which emphasizes that This measure is still necessary, especially during a period of rising global interest rates.
In terms of sectors linked to foreign countries, it is accepted that the Thai economy will face challenges from the global economy. of geopolitical conflicts that affect oil prices, the cost of living and the interest rate policy of various central banks But the government will make every effort to control export policies. Support entrepreneurs to look for potential markets to maintain the same growth that happened this year and promote the tourism sector which is currently recovering as a key driver for future growth.