Bank of Thailand did its part, now government needs to deliver on growth, say analysts
Prime Minister Paetongtarn Shinawatra speaks at the launch of a new government project to create sustained economic stimulus, chiefly targeting small businesses that could generate up to 110 billion baht for the economy, on Wednesday in Bangkok.
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Bank of Thailand did its part, now government needs to deliver on growth, say analysts

Prime Minister Paetongtarn Shinawatra speaks at the launch of a new government project to create sustained economic stimulus, chiefly targeting small businesses that could generate up to 110 billion baht for the economy, on Wednesday in Bangkok. (Photo: Chanat Katanyu)

After months of withstanding political pressure and public bickering, the Bank of Thailand on Wednesday delivered what the government had been pressing for: it cut its key interest rate, the first reduction since 2020.

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