Thai Baht Still on a Strengthening Path Near Term, Says Nomura’s Paracuelles

The video discusses the impact of monetary and fiscal policies on Thailand's currency strength, emphasizing that fiscal policy is crucial due to a current account surplus. Despite stimulus measures, economic growth remains below potential, and further rate cuts may be needed. Structural reforms, particularly in public infrastructure and investment, are essential to address financial stability and economic challenges.

What structural reforms are necessary to encourage more investment as per the discussion?

What sense of urgency does the speaker convey regarding the implementation of reforms?