Nation Thailand
Government eyes 2026 GDP revision as war risks ease
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Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas said on Monday that an end to the Middle East war would be a strongly positive signal for both the global and Thai economies, as the world would move into recovery mode.
Key facts
- He said this would help reduce the risk of a global economic crisis that had begun with volatility in energy prices
- Shops that joined platform-based sales saw sales increase by 500% to 600%.
- After the Khon La Khrueng Plus scheme ended, sales remained 100% to 200% higher, he said.
- The government is therefore preparing to review its 2026 gross domestic product (GDP) forecast to reflect changing circumstances and new positive factors
Summary
He said this would help reduce the risk of a global economic crisis that had begun with volatility in energy prices. Although energy prices may not fall back to pre-war levels, an end to the conflict would help ease the situation.
The government is therefore preparing to review its 2026 gross domestic product (GDP) forecast to reflect changing circumstances and new positive factors. However, Ekniti said the assessment would still need to be made cautiously because global volatility remained high.