CAPITAL ECONOMICS: THAILAND’S GDP GROWTH TO GAIN SUPPORT FROM POLICY, TOURISM

CAPITAL ECONOMICS: THAILAND’S GDP GROWTH TO GAIN SUPPORT FROM POLICY, TOURISM
CAPITAL ECONOMICS: THAILAND’S GDP GROWTH TO GAIN SUPPORT FROM POLICY, TOURISM

Thailand’s economy is expected to grow faster this year.

Growth will be helped by government spending and more tourists.

In the last part of last year, the economy grew by 3.2%, lower than expected.

Capital Economics predicted 3.3%, so the result was close.

Growth was slower in the last quarter (0.4%) compared to the previous one (1.2%).

Despite this, the outlook for Thailand’s economy remains positive.