Thai economy to grow 3.8% this year, inflation to ebb: Finance minister

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

BANGKOK: Thailand's economy is expected to grow 3.8 per cent this year, helped by a rebound in the vital tourism sector, while inflation should cool to its target range, the finance minister said on Saturday (Feb 25). Domestic spending has increased and the government will accelerate large project investme

BANGKOK: Thailand's economy is expected to grow 3.8 per cent this year, helped by a rebound in the vital tourism sector, while inflation should cool to its target range, the finance minister said on Saturday .

The finance ministry has forecast 27.5 million foreign tourist arrivals this year, after Thailand beat its forecast in 2022 with 11.15 million visitors. There were nearly 40 million foreign tourists in pre-pandemic 2019.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China finance minister calls for 'joint action' in debt settlementsBEIJING : China's finance minister Liu Kun said all the G20 nations should conduct fair, objective and in-depth analysis of the causes of global debt issues and resolve the problem in a comprehensive, systematic and effective manner, a finance ministry statement said on Friday. Liu said international fina
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China anti-graft body vows crackdown on finance sector corruptionIt vowed to “seriously punish ... corrupt elements” in “resource-rich, capital-intensive areas”. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

Police report lodged against Singapore Silat Federation finance director after alleged salary irregularities uncoveredPolice report lodged against Singapore Silat Federation finance director after alleged salary irregularities
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

G-20 finance chiefs fail to reach consensus on Russia-Ukraine war, delegates sayBarring a last-minute surprise, the meeting is likely to end with just a statement summarising the discussions. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »