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PM stresses deficit budget needed to stimulate the economy

PM stresses deficit budget needed to stimulate the economy

13 Sept 03:19 Key points summarised by AI
  • Prime Minister Paetongtarn Shinawatra presented a 3.78 trillion baht deficit budget for FY2026, emphasizing its crucial role in stimulating economic growth, ensuring stability, and enhancing the quality of life.
  • The Thai economy is projected to grow between 2.3% and 3.3% next year, supported by private investment and consumption, though it faces risks from global trade policies and potential inflation drops.
  • The opposition leader criticized the government for its perceived lack of economic direction, excessive spending without clear investment or revenue generation strategies, and a lack of vision, citing budget reallocations as evidence.
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