Economists: Despite the rollout of fiscal policies, growth headwinds remain in Thailand
According to Golden Ten Data on May 28, economists from UOB stated in a report that despite the recent introduction of a fiscal package by the government, Thailand's economic growth still faces obstacles. Domestic demand in Thailand remains uneven, while risks from energy shocks continue to weigh on consumer confidence and employment. The new joint payment program, aimed at easing living costs and stimulating the local economy, should be seen as a targeted fiscal buffer rather than a traditional demand-boosting stimulus measure. UOB maintains its forecasts for Thailand's GDP growth at 1.5% in 2026 and 2.4% in 2027, in contrast to the 2.4% increase recorded in 2025.
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