New stimulus measures shift focus away from SME assistance | Bangkok Post: business

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New stimulus measures shift focus away from SME assistance

  • Published: | Viewed: 3,055 | Comments: 2
  • Newspaper section: Business
  • Writer: Pathom Sangwongwanich & Nareerat Wiriyapong
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The government's latest stimulus package has the potential to spur economic growth since it is designed to break down barriers to business and investment rather than just boost tepid domestic consumption, says the central bank. 

Mathee Supapongse, the senior director for macroeconomic and monetary policy, said the new measures are also aimed at accelerating disbursement of the fiscal 2013 budget.

Whether the package can actually boost gross domestic product growth by one percentage point as Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong claims has yet to be evaluated, he said.

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