Thailand aims for 3.5% economic growth in 2025, up from this year’s 2.7% forecast, with plans to implement additional stimulus measures, according to Finance Minister Pichai Chunhavajira. Economic growth has lagged due to limited investment, high household debt, and challenges faced by smaller businesses. Public debt was 63.28% of GDP as of September, and household debt-to-GDP reached 89.6% in June, one of Asia's highest. The government intends to keep public debt below the 70% threshold. Last month, Thailand’s central bank cut its key rate to 2.25% to support growth. The government also targets inflation above 2% in 2025 to boost revenue. Additional economic measures, including phase two of the “digital wallet” scheme, will be discussed on Nov. 19.