Thailand in Focus :: Thailand Increases Investment Budget For 2016
Thailand in Focus :: Thailand Increases Investment Budget For 2016
27/04/2015
Thai government is increasing its investment budget for next year, seeing it as a key engine to boost the country's economy.
The government investment budget has been increased to 20 per cent of the total budget or 540 billion baht for the 2016 fiscal year from 17 per cent or 449.47 billion baht of the current budget, according to Deputy Prime Minister in Charge of Economic Affairs, Pridiyathorn Devakul.He expressed optimism that Thailand's economy would grow four per cent this year, boosted by growth in the tourism industry, the services export sector and the recovery of private investment.
Credit and view full story at BERNAMA
