Tag: growth
Ministry cuts 2021 growth forecast
The Finance Ministry has cut its economic forecast for 2021 to 2.8% from the 4.5% expected in October, factoring in the resurgence of Covid-19 and fresh government stimulus measures. Thursday’s downgrade follows similar recent warnings that Thailand faces downside risks. Earlier this month, the central bank signalled its own 3.2% GDP growth forecast for the …
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