Thailand's Economic Growth Faces Challenges Despite Fiscal Measures

UOB economists have reported that despite recent government fiscal initiatives, Thailand's economic growth continues to face obstacles. According to Jin10, domestic demand in Thailand remains uneven, and risks from energy shocks are affecting consumer confidence and employment. The new co-payment scheme, designed to alleviate living costs and stimulate the local economy, should be viewed as a targeted fiscal buffer rather than a traditional demand-boosting stimulus. UOB maintains its GDP growth forecasts for Thailand at 1.5% for 2026 and 2.4% for 2027, compared to a recorded increase of 2.4% in 2025.