An upbeat Apisak Tantivorawong, Minister of Finance, told reporters he expects third quarter growth readed 3.5%. (Photo by Thanarak Khunton)The government is poised to launch a fresh round of stimulus measures, targeting agriculture specifically, in an effort to ward off downside risks to economic growth as the recovery sputters along. "We expect economic growth of 3.5% or higher in the third quarter," said Finance Minister Apisak Tantivorawong. A batch of economic stimulus was recently launched with the aim of putting money into the hands of those hit hardest by the economic doldrums: rural people and small and medium-sized enterprises. "Our state enterprises have an enormous amount of assets, over 10 trillion baht, and their investment could trigger a spree in the private sector.

Source: Bangkok Post September 21, 2016 22:18 UTC