New state policies expected to fuel GDP
The Bank of Thailand expects GDP growth to exceed its forecast, with the economic policies of the new government driving expansion alongside tourism and consumption growth.
At its meeting last month, the central bank’s Monetary Policy Committee (MPC) said it believed the Thai economy should continue to expand with some inflationary risks.
Tourism and private consumption would provide the main impetus for economic expansion, with goods exports likely to recover in the second half of…
