The Nation

breakingnews

Smaller
Larger

BoT sees 4-per-cent growth possible

Bank of Thailand (BoT) has viewed that it is possible that the country would register the 4-per-cent economic growth this year as forecast by the World Bank but on the conditions that the effective fiscal budget spending is fully achieved and the confidence of both consumers and investors pick up in late second quarter or in the second half of this year, said the bank's spokeswoman Roong Malikamas on Wednesday.

The World Bank has predicted that the country’s real gross domestic product will expand by 4 per cent this year, driven by goods exports and a recovery in private investment, since both have remained relatively untouched by the current political turmoil.

The Nation


Comments conditions

Users are solely responsible for their comments.We reserve the right to remove any comment and revoke posting rights for any reason withou prior notice.