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NESDC bullish on growth prospects

NESDC bullish on growth prospects

Thai GDP to rise by up to 4.5% in 2022

People examine consumer products at a fair held at the Office of the Permanent Secretary for Defence on Monday. The fair, co-organised by the the Internal Trade Department’s Thong Fah (Blue Flag) shops and the Defence Ministry, runs through Friday. (Photo: Apichart Jinakul)

The National Economic and Social Development Council (NESDC) is maintaining its 2022 forecast for economic growth at 3.5-4.5%, with the state planning unit expecting the government to successfully contain the spread of the Omicron variant without any more restrictions.

Thailand’s economic growth in 2022 will also be supported by rising demand, the recovery of domestic tourism, the ongoing growth of exports, and…

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