# SCB EIC estimates campaign funds during the election will help stimulate the Thai economy by more than 0.07% of GDP - Money & Banking Magazine

> SCB EIC estimates that election campaign spending will add more than 0.07% of GDP to Thailand's economy. Tourism is supporting the recovery, while exports remain weak. The report also flags global financial stress from US and European banks.

- Date: 2023-04-24 · published 2023-04-24T12:00:00.000Z
- Category: macro · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/36655-scb-eic-estimates-campaign-funds-during-the-election-will-help-stimulate-the
- Commodities: [Thai Baht (THB per USD)](https://feedsoft.ai/c/USDTHB.md)

## Why it matters

Stronger domestic demand supports Thai livestock and feed consumption at the margin. The effect on feed prices is small and not immediate.

## Sources

- en.moneyandbanking.co.th: https://en.moneyandbanking.co.th/2023/35316/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.