Thailand to ramp up state equity fund by up to $4.3b

Thailand to ramp up state equity fund by up to $4.3b

FILE PHOTO: Thailand's newly appointed Finance Minister and Deputy Prime Minister Pichai Chunhavajira looks on, on the day of the cabinet meeting at Thai Government House in Bangkok, Thailand, May 7, 2024. REUTERS/Chalinee Thirasupa/File Photo

Thailand will increase the size of a government mutual fund by an amount of 100-150 billion baht ($2.8-4.3 billion), finance minister Pichai Chunhavajira said on Tuesday.