Somkid: Q1 GDP set to growby 2.9% as economy rebounds

07/05/2016

Thailand's economy is estimated to grow by 2.8-2.9% in the first quarter, with tourism and government spending the key drivers, says Deputy Prime Minister Somkid Jatusripitak. 

The economy is under control and recovering slowly, as growing tourism and public spending via infrastructure projects help economic growth, said Mr Somkid. 

"Economic sentiment has improved as indicated by growing exports in February and March," he said. "I'm not so worried about the farm sector and rural economy as the government implemented myriad projects to raise consumption and ease hardships there." 

Credit and view full story at Bangkok Post

 


Top