
Fiscal Policy Office cuts policy rate to 1.25% to boost declining economy
The Fiscal Policy Office of the Bank of Thailand voted 5:2 on Tuesday to slash the benchmark policy rate by 25 points to 1.25% with immediate effect in a bid to boost the slowing Thai economy. Fiscal Policy Office secretary, Mr. Tittanan Mallikamat, said today (Wednesday) that the fiscal policy committee decided on the cut















