Bank tips strong economic growth this year

Economy April 22, 2018 15:41

By The Nation

The Government Savings Bank’s economic research centre has forecast that the country's economy will grow by 4.2 per cent this year thanks to strong growth in exports, investment from the both public and private sectors, and tourism.

This is higher than the country’s economic growth of 3.9 per cent last year.

Meanwhile, the first quarter of this year saw the economy grow by 4 per cent, the bank’s president and chief executive officer, Chatchai Payuhanaveechai, said on Sunday.