Bangkok: Ekniti Nitithanpraphas, Thailand's Deputy Prime Minister and Minister of Finance, has announced plans to stimulate the economy through the "BOI Fast Pass" mechanism, with a focus on S-Curve industries.

According to Thai News Agency, Ekniti's announcement came after a Cabinet meeting where the National Economic and Social Development Council (NESDC) revealed Thailand's GDP growth rate of 2.4% in 2025. In response, measures are being prepared to ensure continued economic growth during the government formation period, utilizing the BOI Fast Pass mechanism.

Ekniti emphasized the need to unlock private sector investments approved by the Board of Investment (BOI), which are currently stalled. These investments, amounting to over 480 billion baht and encompassing around 80 projects, need to be injected into the economic system promptly, particularly in emerging target industries like smart electronics and digital sectors.

The acceleration of government and state enterprise investment budget disbursements is deemed essential for sustainable economic stimulation.