Thailand: 2009 Article IV Consultation Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Thailand

August 20, 2009

Preview Citation

Format: Chicago

Thailand: 2009 Article IV Consultation Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Thailand, (USA: International Monetary Fund, 2009) accessed December 22, 2024

Summary

This 2009 Article IV Consultation highlights that Thailand has been in an investment slump since 2006. Political turmoil has led to reduced business confidence and slow private investment growth. The main engine of growth for the economy has been the export sector. The authorities have focused on fiscal measures to stimulate the economy since the second half of 2008. Executive Directors have welcomed the authorities’ fiscal stimulus plans, and underscored that timely and efficient implementation of these plans is critical at the current juncture.

Subject: Banking, Expenditure, External debt, Fiscal policy, Fiscal stimulus, Public debt, Public investment and public-private partnerships (PPP), Public investment spending

Keywords: Accommodative fiscal policy, CR, Credit growth, Fiscal stimulus, Global, Investor confidence, ISCR, Monetary policy, Public investment and public-private partnerships (PPP), Public investment spending, Remainder financing, Staff appraisal

Publication Details

Pages:

55
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/261
Stock No:

1THAEA2009007
ISBN:

9781451836929
ISSN:

1934-7685

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