Vital sector keeping economy on track for 3-4% growth, says finance minister
Tourists cram into a tuk-tuk taking them sightseeing along Na Phra Lan Road in the Rattanakosin area of Bangkok. (Photo: Nutthawat Wicheanbut)
Thailand recorded 5.57 million foreign tourist arrivals from January to March 18 this year, government spokesperson Traisuree Taisaranakul said on Wednesday.
The vital and rapidly recovering tourism sector continues to support the economy while exports are weakening as global demand slows, analysts say.
Finance Minister Arkhom Termpittayapaisith echoed that view on Wednesday, saying the economy is expected to expand by 3-4% this year. Monetary and fiscal policies must work together…
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