BANGKOK, March 10 (Xinhua) -- Thailand's government plans to implement additional fiscal stimulus measures to boost the Southeast Asian country's economic growth beyond 3 percent this year, Prime Minister Paetongtarn Shinawatra said on Monday.

Building on the positive momentum over the past year, primarily fueled by exports and tourism, the government will focus on proposing and refining economic stimulus projects while striving to surpass the growth target and address structural challenges in the long run, Paetongtarn said in a statement.

She chaired a meeting of the economic stimulus policy committee, where the participants reviewed the progress of 46 stimulus projects, covering key drivers in four areas, including private consumption, private investment, government spending, and exports of goods and services.

The committee also approved the principles of distributing 10,000 baht (about 295 U.S. dollars) each to approximately 2.7 million Thai citizens aged 16 to 20 through a "digital wallet" application as part of the government's flagship handout scheme.

According to financial officials, this third phase of the program is expected to launch between the late second and early third quarters of 2025, pending further evaluation of its efficiency and long-term economic impact.

The Thai economy grew 2.5 percent in 2024, accelerating from 2 percent in the previous year but below the government target of 2.7 percent. Enditem

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