World Bank2025-11-252025-11-252025-11-25https://hdl.handle.net/10986/44016The economy slowed and tourism remained weak in the third quarter, despite a strong growth in exports. To bolster growth, the government rolled out a Quick Big Wins strategy with short-term stimulus measures, a debt restructuring program, and tax incentives to revive domestic tourism. Fiscal conditions loosened in FY2025 due to higher capital spending and stimulus measures; monetary policy remained accommodative as negative inflation persisted amid lower energy and food prices. Increased current account and portfolio inflows supported appreciation of the baht.en-USCC BY-NC 3.0 IGOECONOMIC GROWTHECONOMIC DEVELOPMENTTOURISMFISCAL POLICYEXPORTSReportWorld Bank