Thailand's Q2 GDP grew only 1.9%, confirming treasury forecasts of economic headwinds from three crisis waves: energy import deficits, consumer demand weakness, and reduced purchasing power. Deputy Finance Minister Santi stresses the government's "Thailand Helps Thailand Plus" support program to shield SMEs (facing revenue drops, rising costs, and credit access issues) and avoid technical recession, while also highlighting that selective current account deficits are acceptable if they fund productive transformation and new industry development over the next 2-4 years.
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