Economic Cabinet Greenlights Stimulus Initiatives to Boost Economy and Tourism

Bangkok: The Economic Cabinet has approved a series of economic and tourism stimulus projects under the “Quick Big Win” policy, emphasizing the strategy of “Short-term stimulus, long-term results, and widespread distribution.”

According to Thai News Agency, the initial meeting of the National Economic Policy Committee (NESPC) was chaired by Prime Minister and Minister of Interior Anutin Charnvirakul. The committee, which intends to convene weekly before the Cabinet meetings, aims to drive economic growth and tackle the economic challenges faced by citizens. The Quick Big Win policies demand collaboration from various sectors to ensure the achievement of measurable results within four months. Representatives from three private sector institutions participated in the meeting to offer insights and opinions on government initiatives to facilitate swift progress.

The Prime Minister also highlighted that today marks the first day for merchant registration, urging assistance in promoting the process until December 19, 2025. During the meeting, Deputy Prime Minister and Minister of Finance Ekniti Nitithanpraphat presented T-shirts from the Half-Half Plus project to the Prime Minister and the Student Loan Fund (SLF).

The committee examined the Quick Big Win measures, which rest on five pillars: stimulating the economy and tourism, reducing public debt, increasing liquidity for SMEs, enhancing public savings, and future investments. Ministries with projects under this policy were instructed to create action plans and establish clear success indicators, aligning with the “Short-term stimulation, long-term results, and widespread” approach. This includes measures to boost domestic tourism, which will be submitted to the Cabinet for consideration.