BANGKOK: Thailand's economy is expected to grow between 3.5 per cent and 4.5 per cent next year thanks to increased exports and a recovery in the country's vital tourism sector from the pandemic-driven slump, its finance minister said on Saturday .
This year's growth is expected at 1.0 per cent to 1.2 per cent and monetary policy must support fiscal policy in helping the economic recovery which remains very fragile, Finance Minister Arkhom Termpittayapaisith told a business seminar. The economy contracted 6.1 per cent last year. The government's main spending is on medical and economic relief and stimulus measures, Arkhom said, adding the fiscal position was strong, with the public debt-to-GDP ratio expected at 62 per cent at the end the fiscal year to September.
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Thai economy seen growing 3.5per cent-4.5per cent next year, recovery fragile - Finance MinisterBANGKOK :Thailand's economy is expected to grow between 3.5per cent to 4.5per cent next year thanks to increased exports and a recovery in the country's vital tourism sector from the pandemic-driven slump, its finance minister said on Saturday.The Southeast Asian country earlier this month reopened https://ww
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »
Thai economy seen growing 3.5per cent-4.5per cent next year - finance ministerBANGKOK : Thailand's economy is expected to grow between 3.5per cent to 4.5per cent next year driven by increased exports and a recovery in the country's vital tourism sector, its finance minister said on Saturday.This year's growth is expected at 1.0per cent to 1.2per cent and monetary policy must suppor
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »
Thai economy seen growing 3.5per cent-4.5per cent next year, recovery fragile - Finance MinisterBANGKOK :Thailand's economy is expected to grow between 3.5per cent to 4.5per cent next year thanks to increased exports and a recovery in the country's vital tourism sector from the pandemic-driven slump, its finance minister said on Saturday.The Southeast Asian country earlier this month reopened https://ww
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »
Thai economy seen growing 3.5per cent-4.5per cent next year - finance ministerBANGKOK : Thailand's economy is expected to grow between 3.5per cent to 4.5per cent next year driven by increased exports and a recovery in the country's vital tourism sector, its finance minister said on Saturday.This year's growth is expected at 1.0per cent to 1.2per cent and monetary policy must suppor
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »