Posted 9/18/2023, 4:02:00 AM
Thai PM Unveils Populist Measures to Boost Economy, Lower Costs for Citizens
- Thai PM says government will roll out more policies to lower living costs, including reducing electricity prices and raising minimum wage
- Aims to revive economy with populist measures like suspending farmer debts, hiking minimum wage, and digital wallet handouts
- Economy expected to grow 2.8% this year, but PM targets 5% annual growth
- Plans to open new agriculture markets in Africa and Middle East, focus on halal products
- Will attend UN General Assembly in New York this week to maintain neutral foreign policy stance
- Wants to meet executives during U.S. trip to draw more investment to Thailand