Thai economy may grow 2.8% this year after new govt - deputy Finance Minister

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By Kitiphong Thaichareon BANGKOK (Reuters) -Thailand's economy is expected to grow 2.8% this year, helped by public consumption and investment after the ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBANGKOK -Thailand's economy is expected to grow 2.8% this year, helped by public consumption and investment after the formation of a new government, a deputy finance minister said on Friday, as exports remain weak amid slowing global demand.

The 2.8% growth outlook, however, will not reach the ministry's earlier forecast of 3.5% this year, he told reporters after telling a business event that the economy might grow as forecast this year. "The engine that is about to start is public consumption and spending after the government formation," Krisada said.

The economy should perform well in 2024, helped by a government digital handout policy worth 560 billion baht , he said.

 

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