Finance minister says Thai economy is stable, sees Q4 growth picking up

BANGKOK :The Thai economy is very stable and government stimulus measures will give growth a boost in the final quarter of 2025, the finance minister said on Friday. 

Inflation and unemployment were low, Ekniti Nitithanprapas told a business forum, adding the government will keep the public debt ratio below 70 per cent of gross domestic product.

The government is also planning a package of measures to support smaller businesses, including soft loans, he added.

 Southeast Asia's second-largest economy, which has lagged peers since the pandemic, has faced multiple headwinds this year, including U.S. tariffs, high household debt, and a strong baht. 

 Economic growth was just 1.2 per cent on an annual basis in the third quarter, the weakest pace in four years.