Economic Growth Forecast - The Bank of Thailand's Governor, Vitai Ratanakorn, forecasts the country's economic growth rate for this year to be between 1.5% and 1.7%, marking the slowest growth in years [1][2] - The GDP growth rate for 2025 is projected to be between 2.1% and 2.2% [3] Structural Issues - Thailand faces several structural issues including high household debt, tight credit conditions, low productivity, insufficient investment, an aging population, "grey money," and political problems [3] Government Spending and Future Projections - Government spending is expected to slow down before the transition to a new government [4] - Economic growth is anticipated to return to a normal level of 2.2% to 2.3% by 2027, although this expectation is still below the country's growth potential [4]