
IMF Urges Thailand to Act to Avert Fiscal Crisis
The International Monetary Fund (IMF) has urged Thailand to take prompt action to avert a potential fiscal crisis stemming from a widening budget deficit. While specific recommendations remain undisclosed, the call signals an urgent need for fiscal consolidation.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Former Senator Warns of 2.1% Thai GDP Growth, Proposes 6 Economic Revitalization Measures
Former Thai Senator Suradet expressed strong concern over the IMF's projected 2.1% GDP growth for Thailand in 2026, proposing six economic revitalization measures to escape its position at the bottom of ASEAN growth rates. These include improving labor quality, taxing foreign workers, agricultural processing, digital technology education, SME support, and eradicating corruption.
- Banglamung Motorcycle Taxis Switch to Blue Vests for 5,281 Drivers
Banglamung district in Chonburi, Thailand, has transitioned its public motorcycle taxi drivers' vests from orange to blue. This initiative aims to establish a more modern and unified image, affecting 5,281 drivers within the district.
- Yala Seeks GI Certification to Boost Local Produce as 'Soft Power'
Thailand's southern Yala province is pursuing Geographical Indication (GI) certification for its agricultural products, leveraging its rich natural environment to transform local produce into economic soft power. The initiative aims to improve farmers' livelihoods and attract tourists.
- Thailand and Liechtenstein Agree to Boost Trade and Investment with Double Taxation Avoidance Pact
Thailand and Liechtenstein have expressed positive intent towards concluding a double taxation avoidance agreement, aiming to strengthen bilateral trade and investment. This pact is seen as a significant step in fostering economic exchange between the two nations, as reported by MGR Online (Politics).