Tel : 0086-0371-86172891
Tel : 0086-0371-86172891
Recently, the World Bank has revised its forecast for Thailand's economic growth, expecting it to grow by 2.9% in 2025, higher than the 2.6% expected in 2024. SA255 Grade D steel,And this positive forecast is mainly due to the recovery of Thai investment, tourism industry, and private consumption. It is expected that the number of Thai tourists will reach 41 million by 2025, surpassing the record before the epidemic.
In addition, the World Bank's report emphasizes the importance of innovation, entrepreneurship, and small and medium-sized enterprises (SMEs) in enhancing economic resilience and promoting sustainable growth. Although the economy has recovered, SA255 Grade D steel,Thailand's GDP is still below its potential level, including high household debt, private investment stimulus, and challenges to maintaining fiscal sustainability.
It is understood that small and medium-sized enterprises account for over 90% of Thai enterprises and have the potential to drive economic growth, but there are still shortcomings in obtaining funds, adopting technology, and entering the international market. Therefore, in order to overcome such obstacles, decision-makers, financial institutions, and private sector stakeholders must collaborate to create feasible financing pathways, promote digital transformation, and provide support for export activities.
The report indicates that Thailand's monetary policy stance this year will remain cautiously loose, with targeted household debt relief and maintaining financial stability being crucial. It further emphasized the importance of balancing economic recovery with inflationary pressures, and the central bank may take moderate adjustments when necessary. SA255 Grade D steel,In addition, promoting sustainable growth and fiscal inclusiveness through investment in key areas will remain the focus throughout the year.
