Thailand aims for 5% annual growth as higher spending set for 2025


BANGKOK (Reuters): Thailand will target annual economic growth of 5% on average over the next four years, planning higher spending and looking to boost tourism as it strives to emerge as a regional hub for travel, Prime Minister Srettha Thavisin said on Friday.

Real estate mogul and political newcomer Srettha said his government aimed to grow the daily minimum wage over that period, rising to more than 400 baht ($11.4) this year and 600 baht in 2027, from 330 baht to 370 baht now.

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