Thailand will launch a USD 14 stimulus package in Q4 2024 to rejuvenate its economy. The PM aims to target the stimulus towards boosting consumer spending and growth, excluding high-income earners to focus the aid on those in need. This economic measure comes as Thailand grapples with a sluggish growth rate, with challenges in manufacturing output. The Thai central bank’s stance on interest rates remains a point of argument as the government seeks more aggressive monetary easing.