Despite external shocks to trade and tourism, growth of the Thai economy is estimated to have accelerated last year to 4.1 per cent, the report says.
It proved to be resilient in the face of strong global headwinds due to strengthening domestic demand, stemming from an upswing in private consumption and private investment.
Investing in human capital and pursuing economic reforms is critically important for Thailand to become a high-income nation with equal opportunities for all citizens, the World Bank said.
Published : January 16, 2019
By : The Nation