Bangkok, Chairman of the Advisory Center for Economic and Business Forecasting. The University of the Chamber of Commerce is worried about the growth rate of the Thai economy in 2023, which grew only 1.8 percent, considered lower than expected. Even though many figures show that the economy should grow more than 2.5 percent, emphasizing the economy in 2024, if there is no fiscal policy and financial measures to support it, the chance of seeing economic numbers below 3 percent is very possible. Assoc. Prof. Dr. Thanawat Phonwichai, President of the University of the Thai Chamber of Commerce and Advisor to the Center for Economic and Business Forecasting, mentioned that the figure for the growth rate of the Thai economy in 2023 that the Ministry of Finance announced was only 1.8 percent, considered a rate lower than expected. We had anticipated a lot and it was a matter of concern and more than expected. It is also estimated that the Thai economy in 2024 will grow less than 3 percent or grow only 2.8 percent. It is something that must be analyzed and evaluated as to whether there are any problems or obstacles that have been predicted. However, by the relevant agencies, whether it be the Ministry of Finance Bank of Thailand (BoT), National Economic and Social Development Council We must come back and analyze what methods will be used to stimulate the Thai economy to grow back to more than 3 percent. It is seen that the measures that must be moved forward together are fiscal measures and monetary policy measures that must come out to strengthen the economy. Year 67 is very necessary. Even though it is known that the fiscal policy is currently underway, the process of considering the annual budget for 2024 is moving forward. It is expected that the budget will be disbursed in the middle of this year. Meanwhile, financial policy, regulatory agencies must consider relaxing to allow new money to enter the system and reduce credit costs for entrepreneurs, as well as adding new loans to entrepreneurs through state banks. In addition, if you look at the growth rate in 2024, it is expected to grow only 2.8 percent as expected by the Ministry of Finance. It is still considered a low number, so if fiscal measures and monetary measures can move forward fully. There is a chance that the Thai economy in the second half of the year will grow more than 3 percent. As a result, the Thai economy in 2024 is likely to grow more than 3 percent. And if there is a digital wallet project, the Thai economy will grow 3.2 percent. But what will the government do? Must be carried out in parallel, that is, there are new investment projects to arise. along with measures to increase credit for the Thai SME business sector so that the Thai economy can move forward. Source: Thai News Agency