FX.co ★ Thailand Sets Economic, Currency Agenda Under New Leadership

Thailand's newly formed government is set to present its policy statement to parliament by September 30, as reported by Reuters on Tuesday. Should there be any delay, the funds will revert to the treasury at the close of the fiscal year. The government is prioritizing economic revival, addressing challenges such as U.S. tariffs, substantial household debt, and a robust baht. Among the proposed stimulus measures are the expansion of a co-payment scheme to stimulate consumer spending and initiatives for upskilling and reskilling, according to Deputy Finance Minister Siripong. The policy agenda additionally aims to stabilize the currency, restore public trust, and address debt issues while implementing measures to enhance liquidity and foster a green economy. Electricity and water tariffs will remain unchanged through the year, with potential changes currently being evaluated. The state planning agency anticipates economic growth between 1.8% and 2.3% in 2025, a decline from the 2.5% growth observed last year, which was already trailing behind other regional economies.