Thai economy expected to grow 3% next year, finance ministry says

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Thai economy expected to grow 3% next year, finance ministry says

BANGKOK - Thailand's economy is expected to grow 3% in 2025, supported by private consumption, exports, investment and tourism, the finance ministry said on Thursday.

Southeast Asia's second-largest economy is seen growing 2.7% this year, said the ministry, maintaining a previous forecast.Thailand expects 36 million foreign tourist arrivals this year and 39 million foreign tourists in 2025, the ministry said. Exports this year were seen growing 2.9%, stronger than a previous forecast of 2.7%. Exports in 2025 are expected to grow 3.1%, the ministry said.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

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