News Formal

Thai economy resilient, on path to full recovery - Finance Minister

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

United States News News

United States United States Latest News,United States United States Headlines

BANGKOK : Thailand's economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism sector, while inflation should come in below 3 per cent this year, its finance minister said on Monday.Southeast Asia's second-largest economy expanded f

BANGKOK : Thailand's economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism sector, while inflation should come in below 3 per cent this year, its finance minister said on Monday.

The economic recovery has been supported by a comprehensive and timely policy mix of fiscal and monetary policies, which respectively should continue to be implemented proactively and prudently, Arkhom Termpittayapaisith told a World Bank forum. On Monday, the finance ministry in a statement said the economy in April was supported by stronger tourism, higher farm production and falling inflation, while Thailand was well-positioned to withstand global volatility.

"I'm confident that Thailand is firmly heading towards full recovery and soon return to its vibrant economy," he added.

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 US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

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

Pakistan to share budget details with IMF to unlock funds -finance ministerISLAMABAD : Pakistan's Finance Minister Ishaq Dar said on Sunday his country will share its upcoming budget details with the International Monetary Fund (IMF) in order to unlock stalled funds.'They have asked us for some more details like the details of (the) budget, we will give that to them,' Dar said i
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China, South Korea to deepen talks, cooperation on chip industry: Beijing ministerThe two sides exchanged views on maintaining the stability of the industrial supply chain. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »