Paophum mentioned the importance of implementing measures to stimulate money circulation in the economy while waiting for the digital wallet scheme to be put into action. He stated that he would propose additional measures to the Cabinet within the next one or two weeks, with a focus on loan-related initiatives that don’t require a high budget for execution. Additionally, the government plans to increase its loan guarantee to provide SMEs with increased access to loans.
In efforts to boost public-private partnership investments, Paophum discussed collaborating with the State Enterprise Policy Office to develop basic infrastructure in second-tier provinces. This infrastructure development would support and enhance tourism in these areas in the future.
During a speech titled “Unlocking The Growth Potential of Secondary Cities” at the Renaissance Bangkok Ratchaprasong Hotel, Paophum revealed the Thailand Economic Monitor report. The report noted a vast economic gap between main and secondary cities, with the average Spatial Economic Fundamental Index (SEFI) of main cities at 0.081 and secondary cities at -0.046. This data highlights the need to focus on secondary cities to promote economic growth and development.