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News Forum - PM Srettha scrambles to address economic woes


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Thailand Prime Minister Srettha Thavisin has called an urgent meeting with his economic ministers next Monday in a bid to tackle Thailand’s sluggish economic growth. This move comes after a dismal first-quarter GDP report, which has sent shockwaves through the government and the public alike. In a Twitter post last night, the 62 year old … …

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His focus is wrong.  He keeps looking at short money, tourism and FDI, while ignoring making the country more competitive and concentrating on improving exports.

 

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"The NESDC has also revised the annual growth forecast down to 2.5% from the previously projected 2.7%, citing escalating trade tensions between the United States and China as significant factors. This sluggish growth places Thailand behind six other ASEAN members"

Presumably these other ASEAN members are not affected by the 'escalating trade tensions between the United States and China' then?

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