Forecast for 2021 upgraded to 1.2% based on exports and stimulus packages
The atmosphere at Trok Mo morning market, also known as Thesa market, on Jan 23. The FPO predicts private consumption this year is expected to expand by 4.5%.
The Fiscal Policy Office (FPO) has maintained its average forecast for Thai economic growth this year at 4%, mainly as a result of recovering domestic consumption and the tourism sector, says the office’s director-general Pornchai Thiraveja.
The FPO predicted economic growth this year within a range of 3.5-4.5%, he said on Friday.
The office upgraded its forecast for 2021 economic growth to an average of 1.2% from 1% as a result of strong exports, state stimulus packages and a successful…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
