More than 8.1 million Thai people are poor, including 4.4 million living below the poverty line, according to the latest report by the Office of the National Economics and Social Development Council (NESDC).
Thailand’s economic growth recorded the fastest pace in over a year, expanding by 4.5% year-on-year in the third quarter of 2022, thanks to tourism rebound, according to data from the National Economic and Social Development Council (NESDC).
Thailand's Finance Ministry plans to revise its 2022 forecast for Thai economic growth next month, focusing on the impact of rising inflation and spiking energy prices, said a ministry source who requested anonymity.
Thailand’s economy contracted 0.3 percent year on year in the third quarter with hopes for a gradual tourism-led recovery, announced the Office of the National Economic and Social Development Council (NESDC) on November 15.
Thailand on August 16 downgraded its economic growth forecast for 2021 as the country is battling its worst COVID-19 wave, which has brought record numbers of new infections and deaths.
Thailand’s government is considering new relief packages for both individuals and businesses as a part of a new economic stimulus package, against the backdrop of local third wave of COVID-19 outbreak.
Thailand’s National Economic and Social Development Council (NESDC) has approved a framework for the country's 13th national economic and social development plan, spanning from 2022 to 2026, with the focus placed on high value-added economic development.
The State planning agency National Economic and Social Development Council (NESDC) of Thailand said on February 15 that the country’s gross domestic product (GDP) shrank 6.1 percent in 2020 due to the wide spread of COVID-19 pandemic, the highest contraction in the past more than two decades.
Thai Prime Minister Prayut Chan-o-cha has underscored that the country’s economic and social development plan over the next two years should focus primarily on community-level economic development, enhancing competitiveness, upgrading human resources and infrastructure development.
The National Economic and Social Development Council (NESDC) of Thailand has been ordered to revise the 20-year national strategy (2018-2037) and the 12th national economic and social development plan (2017-2021) to catch up with changing social and economic trends caused by the global economic slowdown and the COVID-19 pandemic.
Thailand’s economic ministers have agreed that fresh economic stimulus measures are vital to help boost full-year economic growth to more than 2.6 percent, according to local media.
The National Economic and Social Development Council (NESDC) plans to propose developing a Southern economic corridor (SEC) to the new government in a similar scenario to the ongoing Eastern economic corridor (EEC) scheme.
Thailand’s economy grew at a faster pace in the fourth quarter of 2018 than the previous three months, according to its National Economic and Social Development Council (NESDC).
World
