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Thursday, May 9, 2024

Growth forecasts may need to be revised down

Bank of Thailand governor Sethaput Suthiwartnarueput. (Photo: Bank of Thailand)

Thailand’s economy continues to recover, helped by tourism and consumption, though the growth forecast may need to be revised down with weak exports this year, Bank of Thailand (BoT) governor Sethaput Suthiwartnarueput said on Wednesday.

“Previously (the forecast) was 3.6%, due to a slowdown, this number will probably need to be adjusted down to the mid-3% range this year,” Mr Sethaput…

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