Thailand's government is planning to keep its budget deficit to no more than 3% of gross domestic product in the 2024 fiscal year, the finance minister said on Tuesday, aiming for a deficit of 593 billion baht ($17.13 billion).

Arkhom Termpittayapaisith also told a news conference the inflation target range of 1% to 3% was appropriate and monetary policy would ensure continued recovery of the economy. ($1 = 34.6200 baht) (Reporting by Orathai Sriring and Kitiphong Thaichareon; Editing by Martin Petty)