We Believe We Can Achieve Our 3% Growth Target, Says Thailand’s Finance Minister

The transcript discusses Thailand's economic challenges due to the global slowdown, highlighting the government's fiscal strength and stimulus measures. It covers growth projections, risks, and the impact of currency appreciation on trade. The US-China trade war's effects and the need for regional policy coordination are also addressed. Finally, the stability of Thailand's coalition government is considered.

What is the primary goal of Thailand's stimulus package?

• To improve infrastructure

• To reduce inflation

• To counteract the global economic slowdown

• To increase exports

What growth rate is the Thai government aiming to maintain?

• 3%

• 4%

• 2%

• 5%

What is a consequence of Thailand's strong current account surplus?

• Higher unemployment

• Stronger baht

• Increased inflation

• Decreased foreign investment

Who is responsible for managing Thailand's currency?

• International Monetary Fund

• Prime Minister

• Bank of Thailand

• Ministry of Finance

What might be necessary to limit the baht's gains?

• Increasing exports

• Another interest rate cut

• Reducing government spending

• Increasing taxes

What is the impact of the US-China trade war according to the Thai minister?

• It has no impact on Thailand

• It creates challenges for everyone

• It only affects the US and China

• It benefits all countries

How is Thailand planning to attract businesses moving away from China?

• By lowering taxes

• By offering free land

• Through its national development strategy

• By increasing tariffs