Thai Economy News

FPO forecasts recovery

Thailand’s economy will grow by 3.3% next year after shrinking 3% this year,said Somchai Sujjapongse, directorgeneral of the Fiscal Policy Office. Growth next year is based on an assumption that the global and local economies have already passed their lowest point. The Thai economy seemed to hit bottom in the first quarter of this year with a 7.1% contraction. (Bangkok Post)

ThaiVest Editorial Team

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