The private sector is confident that exports this year will be less than 1% negative, while GDP may grow up to 3.7% if the government is formed quickly. Watching populist policies help stimulate the economy quickly But please don't put a burden on finances. must think of finding money to replace the part that injects people as well
Sanan Angubolkul, President of the Thai Chamber of Commerce Mentioned the Thai export figures. In the Investment Minute program on Channel 9MCOT, number 30, that the CRC believes that Thai exports this year will not be negative or if it is negative, it should be less than 1 percent. The first month of 2023 (January-May) that it will be negative because at the end of last year, entrepreneurs kept more products in the warehouse than demand. Therefore, it is not surprising that in the first 5 months export numbers continued to be negative. But after this, it is believed that export numbers will turn positive. And by the end of the year, export numbers will be negative at -1 to 0%.
As for GDP, I believe it will not affect. It is confident that it will grow within the 3-3.5% range, as Thailand's tourism is very good. In the first 3 months, 6.5 million foreign tourists arrived, which the TAT and the Chamber of Commerce. has reevaluated the number of tourists this year that there will be 30 million tourists coming in and the faster the government can be established The budget is allocated as quickly as possible. It will result in GDP growth of up to 3.7%, however, must create confidence for foreign investors to invest in the EEC area and together with the Songkran Festival at the University of the Thai Chamber of Commerce Estimated that there will be money flowing in the economy up to 125,000 million baht, at the same time this election is very intense. The University of the Thai Chamber of Commerce has assessed that There will be more money in the system 80,000-90,000 million baht, whether direct or indirect expenses
As for the campaign policies of each political party which mainly aims to solve the problems of the people's stomach It was clearly a populist policy. Inject money into the hands of the people. which saw that the current spending was not strong enough But it is part of the rapid economic stimulus. But we will have to look at how political parties can manage their budget. But please don't put a burden on the country's finances. money to inject the public Where can I get it to fill up? The energy reduction policy It's something that the private sector is worried about. because it will increase inflation The price of all goods will increase. as well as increased interest .
Source: Thai News Agency